Expert insights. Personalized for you.
Beginning in March 2018, employers will have to include compensation information on their EEO-1 filings. While the report was previously used by the U.S. The post New Compensation Reporting Requirements Begin March 2018 appeared first on HR Daily Advisor. Compensation FLSA/Wages EEO-1 EEOC Equal Pay Kate McGovern Tornone Sex DiscriminationBy Kate McGovern Tornone , Editor. MORE
However, for the majority of states, the differences between the laws regarding worker’s compensation are quite minor. Read more about the specifics of Florida’s workers’ compensation system and if you are eligible to file a claim. The simple answer is no. MORE
As we plan for 2021, we need to consider COVID-19’s impact on 2020 compensation decisions for nonprofit executives. For the most part, nonprofit executive compensation came to a halt. Many organizations froze, or in some cases reduced, current compensation levels. MORE
The annual Compensation Best Practices Report (CBPR) you know and love now has an all-Canada edition! While the full report is in its eighth year, this is the first year we’re able to detail Canadian-specific compensation practices — we’re excited to share with our Canadian readers what other companies in their country are doing when it comes to setting pay for their employees. Learn More About Our Compensation Software. MORE
Click here to read the new Internal Revenue Service (IRS) Tax Tip: How to report nonemployee compensation and backup withholding … The post IRS: How to Report Nonemployee Compensation & Backup Withholding appeared first on HRWS MORE
Today we release the eighth annual installment of PayScale’s Compensation Best Practices Report. A strong theme emerged this year showcasing the connection between compensation and organizational culture. There is evidence that some organizations have discovered this connection, linked compensation with culture and – as a result – are thriving. We learned that 57 percent of organizations agree that compensation is becoming more important to executives. MORE
Employee Compensation Report , which enables managers to communicate with employees about their total compensation reports. This report — and other forms of total compensation statements — is a crucial tool for employee compensation communication and pay transparency. However, a report alone does not ensure communication perfection, so I’m here to share some dos and don’ts for effective utilization of an employee total comp report. MORE
Do you need to worry about workers’ compensation for remote employees? When your organization adopts or expands a work-from-home policy, it’s a good idea to take a fresh look at your workers’ compensation coverage and processes. What does a workers’ compensation investigation involve? MORE
Compensation Employee Relations RecruitingShort post today, but an important one. MORE
Good news for employers who have been wrestling with the newer requirements of EEO-1 reports. The Equal Employment Opportunity Commission (EEOC) recently announced that, effective next year, employers will no longer be obligated to provide the compensation data that was added as “Component 2” of the form in 2016. The court then ordered that covered employers must report Component 2 data for both 2017 and 2018 by September 30, 2019. MORE
Transparency in Compensation: Trends and Best Practices , underwritten by salary.com , is a thoughtful and interesting discussion of the impact of different levels of transparency in the workplace – from too little to too much. Being more forthcoming with our employees – and not just on compensation practices – will help us win the War for Talent. Ben Eubanks China Gorman Compensation Data Point Tuesday Lighthouse Research and Advisory salary.com transparency MORE
Have you heard of the Compensation Singularity Rule? It seems that the agency had just lost a senior cybersecurity executive to a private sector company which had reportedly offered the individual a salary of $600K. It turns out the client had applied the Compensation Singularity Rule. A singular compensation data point that is near, or below, the median survey rate (some sources use P75 vice P50) must be considered an outlier, clearly spurious data. . MORE
PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. If you have anything to do with paying people – so, that’s virtually every manager, everywhere – reading this report will be well worth your time. Even though I’m not an HR professional, much less a compensation professional, I found it fascinating. Especially the impact that compensation practices have on organization culture. MORE
But will the incentive of a higher salary or compensation bonus improve their work performance? While compensation is a factor in their employee experience, it doesn’t wield as much influence as you may think — a nuance especially important for companies using a pay for performance model. As Monique Valcour wrote in the Harvard Business Review , “How employees work from day to day has a bigger influence on their motivation than their compensation and benefits package.”. MORE
Do I have to have to file a workers’ compensation claim every time one of my employees tests positive for COVID-19? Reporting Requirements. The post Report COVID-19 Positive Test Result to Workers’ Comp Carrier appeared first on HRWatchdog by HRWatchdog. MORE
Building a robust compensation management plan is critical for organizations in 2021. A well-researched compensation management plan allows you to meet goals around pay equity and other critical factors while retaining talent and rewarding employees for work well done. MORE
As more employees are allowed or even required to work remotely instead of reporting to the office, many are taking advantage of the opportunity to relocate to areas with lower costs of living. Ethical Considerations of a Location-Based Remote Compensation Strategy. MORE
and China are expanding in Southeast Asia, best compensation levels are increasing. Glints and Monk’s Hills Ventures (MHV) have partnered to launch The Southeast Asia Tech Talent Compensation report. Keynote 2: In terms of compensation, cash is king—but it might not be for long. MORE
For most people, navigating through the world of sales compensation can seem overwhelming. There are nuances to developing a competitive sales compensation plan. What Makes a “Good” Sales Compensation Plan? What are the Different Types of Sales Compensation Plans? MORE
Here’s the answer: “Based on how the compensation plan is designed, communicated, and managed, it can positively or negatively impact the organiza tional culture and performance “. . Strategically leveraging compensation?analytics Managing Compensation, the Keka Way! . MORE
What is Total Compensation? The total compensation package is an employee’s base compensation, also known as their base salary, plus the value of the benefits package they receive. The best strategy for executive total compensation is unique to every business. MORE
Finding the fairest and most motivating compensation for your team members is one of the most important jobs for HR leaders like you. A popular method of evaluating a fair employee compensation strategy is to refer to a valid compensation (or salary) survey. Compensation MORE
What is Executive Compensation? . Executive compensation programs are influenced by a variety of factors today. As a compensation manager, your primary concern should be the alignment of pay and performance. Compensation Strategy Allocation . MORE
Compensation analysis is vital to providing fair, equitable compensation. Smart organizations know that providing the right compensation is one of the key pillars to attract and retain the best talent. Contents What is a compensation analysis? MORE
Are you new to the world of executive compensation? Do you want to make sure you have the foundational skills you’ll need to create executive compensation programs that will help you cultivate, inspire, and keep the talent you’ll need to meet your company’s goals? MORE
Governor Newsom’s new executive order providing workers’ compensation benefits for workers who contract COVID-19 during the stay-at-home order is retroactive to March 19, 2020. The post Workers’ Compensation Benefits Extended for COVID-19 appeared first on HRWatchdog by James W. MORE
It’s probably no surprise that the social and economic impacts of COVID-19 have forced a significant number of organizations to reevaluate their approach to compensation this year. This is especially apparent when it comes to employee compensation. MORE
There is no question then that compensation needs to be matched to their relevant experience, skills and ability to move the company forward. Do you know how much C-level roles should be compensated? Are senior management positions compensated with cash, equity, or both? MORE
Are you new to the Executive Compensation management field? Do you want to ensure that you have the fundamental knowledge necessary to establish Executive Compensation plans that will help to attract, motivate and retain the talent necessary to achieve your corporate objectives? MORE
Choosing a compensation management vendor can be extraordinarily challenging. This DecuSoft guide will help you identify the best way to find, evaluate, and select a compensation management solution that can simplify and improve your comp management process. MORE
One of the multiple hats I wear as a Compensation Consultant is working with executives in transition, helping prepare them for the employment offer so eagerly sought. Compensation : Thumbs up or thumbs down? What Compensation Does. Compensation Philosophy Competencies MORE
Some major employment-related bills enacted this year include the California Family Rights Act expansion and a pair of COVID-19 reporting bills requiring employers to inform employees of positive COVID-19 tests as well as their workers’ compensation carriers. MORE
Is there a general rule of thumb for how much additional money a manager in a corporate setting should be paid based on the number of direct reports they have? To help us understand employee compensation, I asked Ann Bares if she would share her expertise and, lucky for us, she said “yes”. Ann is managing partner with Altura Consulting Group and contributor to the Compensation Force and Compensation Café blogs. MORE
Glints
MARCH 29, 2021
and China are expanding in Southeast Asia, best compensation levels are increasing. Glints and Monk’s Hills Ventures (MHV) have partnered to launch The Southeast Asia Tech Talent Compensation report. Keynote 2: In terms of compensation, cash is king—but it might not be for long.
HR Bartender
AUGUST 10, 2017
Is there a general rule of thumb for how much additional money a manager in a corporate setting should be paid based on the number of direct reports they have? To help us understand employee compensation, I asked Ann Bares if she would share her expertise and, lucky for us, she said “yes”. Ann is managing partner with Altura Consulting Group and contributor to the Compensation Force and Compensation Café blogs.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HR Workplace Services
DECEMBER 14, 2020
Click here to read the new Internal Revenue Service (IRS) Tax Tip: How to report nonemployee compensation and backup withholding … The post IRS: How to Report Nonemployee Compensation & Backup Withholding appeared first on HRWS
Decusoft
MARCH 19, 2021
Are you new to the world of executive compensation? Do you want to make sure you have the foundational skills you’ll need to create executive compensation programs that will help you cultivate, inspire, and keep the talent you’ll need to meet your company’s goals?
Advertisement
COVID-19 continues to shape the way we live and work. Organizational success depends on workforce wellbeing, and employee needs are varied and constantly changing. It’s clear that a more flexible and strategic approach to total compensation is required to create a better path forward. The 2021 Q1 Gallagher Better WorksSM Insights Report: The Path Forward explores and how employers can balance workforce expectations against organizational goals. Discover how you can review and implement new technologies, develop updated and forward-looking strategies, and evolve your employee value proposition to create a more engaged and resilient workforce.
HRWatchdog
JANUARY 22, 2021
Do I have to have to file a workers’ compensation claim every time one of my employees tests positive for COVID-19? Reporting Requirements. The post Report COVID-19 Positive Test Result to Workers’ Comp Carrier appeared first on HRWatchdog by HRWatchdog.
Decusoft
APRIL 13, 2021
What is Total Compensation? The total compensation package is an employee’s base compensation, also known as their base salary, plus the value of the benefits package they receive. The best strategy for executive total compensation is unique to every business.
Glints
APRIL 14, 2021
There is no question then that compensation needs to be matched to their relevant experience, skills and ability to move the company forward. Do you know how much C-level roles should be compensated? Are senior management positions compensated with cash, equity, or both?
China Gorman
AUGUST 22, 2017
Transparency in Compensation: Trends and Best Practices , underwritten by salary.com , is a thoughtful and interesting discussion of the impact of different levels of transparency in the workplace – from too little to too much. Being more forthcoming with our employees – and not just on compensation practices – will help us win the War for Talent. Ben Eubanks China Gorman Compensation Data Point Tuesday Lighthouse Research and Advisory salary.com transparency
Astron Solutions
NOVEMBER 3, 2020
Finding the fairest and most motivating compensation for your team members is one of the most important jobs for HR leaders like you. A popular method of evaluating a fair employee compensation strategy is to refer to a valid compensation (or salary) survey. Compensation
Advertisement
Hired surveyed more than 4,000 tech workers to find out which companies rank as their most desirable employers and how other organizations can compete for their attention. Download this report to learn what tech talent values most in a potential employer and how to improve your employer brand.
|
Decusoft
FEBRUARY 23, 2021
Choosing a compensation management vendor can be extraordinarily challenging. This DecuSoft guide will help you identify the best way to find, evaluate, and select a compensation management solution that can simplify and improve your comp management process.
Insperity
SEPTEMBER 17, 2020
Do you need to worry about workers’ compensation for remote employees? When your organization adopts or expands a work-from-home policy, it’s a good idea to take a fresh look at your workers’ compensation coverage and processes. What does a workers’ compensation investigation involve?
Astron Solutions
SEPTEMBER 29, 2020
As we plan for 2021, we need to consider COVID-19’s impact on 2020 compensation decisions for nonprofit executives. For the most part, nonprofit executive compensation came to a halt. Many organizations froze, or in some cases reduced, current compensation levels.
HR Counselor's Corner
SEPTEMBER 25, 2019
Good news for employers who have been wrestling with the newer requirements of EEO-1 reports. The Equal Employment Opportunity Commission (EEOC) recently announced that, effective next year, employers will no longer be obligated to provide the compensation data that was added as “Component 2” of the form in 2016. The court then ordered that covered employers must report Component 2 data for both 2017 and 2018 by September 30, 2019.
Advertiser: PayScale
No matter your industry, it's crucial that you stay up to date on the current compensation trends. The PayScale Index will let you do just that - it tracks quarterly changes in total cash compensation for full-time, private industry employees in 19 job categories. Get the report today, and start taking advantage of these crucial insights.
Compensation Cafe
JUNE 28, 2019
Have you heard of the Compensation Singularity Rule? It seems that the agency had just lost a senior cybersecurity executive to a private sector company which had reportedly offered the individual a salary of $600K. It turns out the client had applied the Compensation Singularity Rule. A singular compensation data point that is near, or below, the median survey rate (some sources use P75 vice P50) must be considered an outlier, clearly spurious data. .
HRWatchdog
MAY 7, 2020
Governor Newsom’s new executive order providing workers’ compensation benefits for workers who contract COVID-19 during the stay-at-home order is retroactive to March 19, 2020. The post Workers’ Compensation Benefits Extended for COVID-19 appeared first on HRWatchdog by James W.
Decusoft
MARCH 9, 2021
Building a robust compensation management plan is critical for organizations in 2021. A well-researched compensation management plan allows you to meet goals around pay equity and other critical factors while retaining talent and rewarding employees for work well done.
CCI Consulting
MARCH 11, 2021
It’s probably no surprise that the social and economic impacts of COVID-19 have forced a significant number of organizations to reevaluate their approach to compensation this year. This is especially apparent when it comes to employee compensation.
Advertiser: PayScale
Following a record-year of job growth in 2018, employees now have the tools to research and evaluate employers, and feel empowered to make moves if they don't like what they find. Get the latest trends in compensation, and find out how your organization stacks up.
Compensation Cafe
NOVEMBER 5, 2020
One of the multiple hats I wear as a Compensation Consultant is working with executives in transition, helping prepare them for the employment offer so eagerly sought. Compensation : Thumbs up or thumbs down? What Compensation Does. Compensation Philosophy Competencies
Analytics in HR
JANUARY 19, 2021
Compensation analysis is vital to providing fair, equitable compensation. Smart organizations know that providing the right compensation is one of the key pillars to attract and retain the best talent. Contents What is a compensation analysis?
Decusoft
APRIL 1, 2021
What is Executive Compensation? . Executive compensation programs are influenced by a variety of factors today. As a compensation manager, your primary concern should be the alignment of pay and performance. Compensation Strategy Allocation .
Compensation Today
FEBRUARY 15, 2017
Today we release the eighth annual installment of PayScale’s Compensation Best Practices Report. A strong theme emerged this year showcasing the connection between compensation and organizational culture. There is evidence that some organizations have discovered this connection, linked compensation with culture and – as a result – are thriving. We learned that 57 percent of organizations agree that compensation is becoming more important to executives.
Advertisement
We’ve developed a special edition of PayScale’s 2018 Compensation Best Practices Report (CBPR) specifically for small businesses. It covers everything from base and variable pay practices to competitive jobs, retention concerns and mergers & acquisitions.
Compensation Today
JULY 14, 2017
The annual Compensation Best Practices Report (CBPR) you know and love now has an all-Canada edition! While the full report is in its eighth year, this is the first year we’re able to detail Canadian-specific compensation practices — we’re excited to share with our Canadian readers what other companies in their country are doing when it comes to setting pay for their employees. Learn More About Our Compensation Software.
Eightfold
MARCH 30, 2021
As more employees are allowed or even required to work remotely instead of reporting to the office, many are taking advantage of the opportunity to relocate to areas with lower costs of living. Ethical Considerations of a Location-Based Remote Compensation Strategy.
Keka HR Blog
MARCH 12, 2021
Here’s the answer: “Based on how the compensation plan is designed, communicated, and managed, it can positively or negatively impact the organiza tional culture and performance “. . Strategically leveraging compensation?analytics Managing Compensation, the Keka Way! .
The HR Capitalist
JULY 28, 2020
Compensation Employee Relations RecruitingShort post today, but an important one.
China Gorman
MAY 2, 2017
PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. If you have anything to do with paying people – so, that’s virtually every manager, everywhere – reading this report will be well worth your time. Even though I’m not an HR professional, much less a compensation professional, I found it fascinating. Especially the impact that compensation practices have on organization culture.
HR Daily Advisor
OCTOBER 11, 2016
Beginning in March 2018, employers will have to include compensation information on their EEO-1 filings. While the report was previously used by the U.S. The post New Compensation Reporting Requirements Begin March 2018 appeared first on HR Daily Advisor. Compensation FLSA/Wages EEO-1 EEOC Equal Pay Kate McGovern Tornone Sex DiscriminationBy Kate McGovern Tornone , Editor.
Decusoft
APRIL 6, 2021
Are you new to the Executive Compensation management field? Do you want to ensure that you have the fundamental knowledge necessary to establish Executive Compensation plans that will help to attract, motivate and retain the talent necessary to achieve your corporate objectives?
HRWatchdog
OCTOBER 20, 2020
Some major employment-related bills enacted this year include the California Family Rights Act expansion and a pair of COVID-19 reporting bills requiring employers to inform employees of positive COVID-19 tests as well as their workers’ compensation carriers.
Compensation Today
JULY 26, 2017
Employee Compensation Report , which enables managers to communicate with employees about their total compensation reports. This report — and other forms of total compensation statements — is a crucial tool for employee compensation communication and pay transparency. However, a report alone does not ensure communication perfection, so I’m here to share some dos and don’ts for effective utilization of an employee total comp report.
Career Metis
JANUARY 19, 2021
However, for the majority of states, the differences between the laws regarding worker’s compensation are quite minor. Read more about the specifics of Florida’s workers’ compensation system and if you are eligible to file a claim. The simple answer is no.
Reflektive
MAY 22, 2017
But will the incentive of a higher salary or compensation bonus improve their work performance? While compensation is a factor in their employee experience, it doesn’t wield as much influence as you may think — a nuance especially important for companies using a pay for performance model. As Monique Valcour wrote in the Harvard Business Review , “How employees work from day to day has a bigger influence on their motivation than their compensation and benefits package.”.
50 
Let's personalize your content