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Compensation Package: A Guide For HR

Digital HR Tech

Offering an appealing and generous compensation package is an important part of your employee value proposition. To stand out from other organizations, what should your compensation package include and how do you go about assembling one? Contents What is a compensation package? What is included in a compensation package?

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Oregon Passes Extension on Exemption for Certain Payments from the Equal Pay Act

Berkshire Associates

Oregon’s Equal Pay Act prohibits employers from discriminating between employees on the basis of a protected class in the payment of wages or other compensation for work of comparable character, unless the difference in pay can be attributed to one or more specific nondiscriminatory factors.

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How to Evaluate Your Compensation Plan

Zenefits

Whether you are recruiting new employees or focusing on employee retention , a solid compensation plan is key to finding and keeping top-quality employees. That means a regular review of your compensation package should be a top priority. Is it time to evaluate your company’s compensation package? Total compensation.

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Payroll Terms and Definitions: A Comprehensive Glossary

Zenefits

We’ve got a glossary filled with the most common payroll terms and easy-to-understand definitions. Base pay does not include additional compensation like overtime, benefits, or bonuses. Additional pay an employee receives on top of their regular wages or salary, often as an incentive or reward for good performance.

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Cafe Classic: Rewarding The Right Employee

Compensation Cafe

This question may sound like a no-brainer, but when you think of your organization's pay-for performance compensation program, do you feel that you are recognizing and rewarding the right employees? That somehow monetary rewards have little to do with future performance, so why should we discriminate amongst employees?

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Modern Pay for Performance

Compensation Today

Performance management is definitely undergoing a midlife crisis; it’s time for it to reinvent itself. For the past few HR and compensation conferences I’ve attended, the question has been heavy in the air: what are you doing about your performance process? Bonuses are another way of linking variable pay with performance.

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California HR Trends for 2017—Don’t Get Burned!

HR Daily Advisor

Both the minimum salary and highly compensated employee (HCE) thresholds for exempt status are increasing, and increases are planned for the near future, too. But, there are two key distinctions for California, Siegel says: California has not and does not adopt the FLSA highly compensated overtime exemption; and. says Siegel.