Incentive Pay

Pay tops job security as #1 reason for job satisfaction

06/13/2014

For the first time since the pre-recession year of 2007, U.S. employees say compensation is now their No. 1 contributor to their job satisfaction, according to an annual Society for Human Resource Management survey.

Top CEOs’ cash take-home pay rose 10.8% last year

05/14/2014

The CEOs of the 100 largest U.S. companies had median incomes of $13.9 million last year, an increase of 9% over figures reported in 2013 by the Equilar executive pay consulting firm.

Bonuses prevalent across employer sectors

04/28/2014

A large majority of employers rely on incentive-based pay practices to compete for top talent, as well as to motivate and reward employees, according to research by the nonprofit WorldatWork organization, Deloitte Consulting and Vivient Consulting.

Benefits: 6 lessons from great places to work

03/04/2014

Your organization can’t compete with the blizzard of benefits—from on-site dry cleaning to gourmet meals—that helped Google top Fortune magazine’s new “100 Best Companies to Work For” list. But you can adopt some creative perks offered by the other 99 employers.

6 great perks from Fortune’s ‘100 Best Companies to Work For’

02/27/2014

Google earned the top spot on this year’s Fortune magazine list of “100 Best Companies to Work For” in part because of its array of amazing benefits. But the other 99 companies on the magazine’s list offer great perks, too. Which of these might work in your organization?

3% raises to remain the norm in 2014

02/25/2014

Base pay increases for 2014 will remain at 3% for the second year in a row—roughly one percentage point below pre-recession levels, according to Buck Consultants’ seventh annual Compensation Planning Survey.

FLSA: Overtime and Base-Rate Pay

01/25/2014

HR Law 101: Employers must pay overtime to nonexempt employees who work more than 40 hours in a single workweek. The overtime rate is one and a half times an employee’s hourly rate. If an employee earns a fixed hourly rate with no other compensation, computing the base rate is easy. But in many cases, it’s not so simple …

No unemployment after griping about paltry poultry bonus

01/03/2014

A Commonwealth Court has ruled that a veteran professional chicken catcher’s bad attitude was reason enough to deny him unemployment benefits. The man was fired from his job of five years with B&B Catching Services in Northumberland County for persistently squawking about what he perceived as a stingy 2012 holiday bonus.

CEO pay-ratio reporting requirement opposed by compensation group

12/24/2013

The nonprofit HR organization WorldatWork has urged the Securities and Exchange Commission to reject proposed regulations that would require corporations to report the ratio of CEO pay to that of median employee pay.

Wish list: 10 alternatives to Christmas cash

12/12/2013

Are you putting anything extra in employees’ stockings this holiday? While most employees say they’d prefer cash, padding paychecks isn’t the only way your organization can say “Happy Holidays!” Consider these wise alternatives: