BUDGET SEASON: ARE YOU PREPARED?
It’s that time of year again when companies are preparing their budgets for the upcoming year. For HR professionals, it is probably not one of your favorite tasks, but by embracing the process, it...
View ArticleIT’S TIME TO ADJUST YOUR SALARY STRUCTURE
Maintaining a salary structure that aligns with the organization’s pay philosophy and is competitive to the labor market is imperative for any organization. Most organizations update their salary...
View ArticleEFFECTIVE NEW HIRE ORIENTATION
An employee’s experience during their first few days will affect the rest of their tenure. It is critical, to begin with, an effective, positive, and fun new hire orientation for the future success of...
View ArticleDOCKING EXEMPT EMPLOYEE PAY
The application and rules for the federal FLSA salary basis test are often misunderstood and not administered accurately or consistently. First, let’s understand what the term “salary basis” means. An...
View ArticleADVANCED COMPENSATION ANALYSIS
In order to stay in line with industry trends and economic ups and downs, salary ranges should be compared to market each year. Adjustments to salary ranges may not be needed every year. Depending...
View ArticleAUTOMATION OF THE HOTEL EXPERIENCE IS THE FUTURE
(Note: The following article was published in the June 7, 2017, Hotel News Now magazine; it was written by Randy Pullen, the founder and current CEO/President of WageWatch.) Artificial intelligence...
View ArticleALIGNING COMPENSATION WITH COMPANY CULTURE
Many organizations today are focusing on their company’s culture including determining their culture, deciding what it should be, aligning with strategic goals and transitioning to the desired culture....
View ArticleMERIT BUDGET ALLOCATION
A primary goal of any compensation program is to motivate employees to perform at their best. Most organizations have pay for performance at least in the form of a merit pay system. An accurate,...
View ArticleJOINT EMPLOYER LIABILITY
The use of sub-contractors, temporary staffing, leased employees and independent contractors can provide employers with quick temporary staffing and reduce benefits and payroll costs. However, the...
View ArticleSALARY STRUCTURES: WHAT ARE THEY GOOD FOR?
Established salary structures aren’t mandatory. There is no law that requires them, but they serve many useful purposes. Having salary ranges in place can ensure that salary decisions, from new hires...
View ArticleHUMAN RESOURCES ROLE IN MERGERS AND ACQUISITIONS
Mergers and acquisitions are extremely challenging and even chaotic events. Therefore, it is critical that everyone involved has a clear understanding of their role in the process. Mergers and...
View ArticleJOB ANALYSIS AND JOB EVALUATION PROCESSES
The Job Evaluation Process consists of a broad spectrum of activities which begins with Job Analysis Process. Though two separate processes, Job Analysis data will be needed and used during the Job...
View ArticleWHY ORGANIZATIONS ARE FINDING VALUE IN EMOTIONAL INTELLIGENCE (EI)
Emotional Intelligence (EI) is about being able to control your own emotions and the emotions of others. Having emotional intelligence means being emotionally aware, able to identify, harness and...
View ArticleINCENTIVE PLAN ESSENTIALS
Well-designed and well-implemented incentive plans can be an important tool for overall company success, but they also have the potential to be ineffective and even damaging if not carefully thought...
View ArticleTHE BOOMER GENERATION IN THE WORKPLACE
It is not uncommon for baby boomers to now work side by side with co-workers from Generation X and Generation Y. Each of the generations in the workplace today grew up in times with widely varying...
View ArticleINDEPENDENT CONTRACTOR OR EMPLOYEE?
If it walks like a duck and talks like a duck, it’s a duck. In other words, if you are treating the ‘independent contractor’ like an employee by doing things such as providing work materials and...
View ArticleHOW ABOUT A SIX-HOUR WORKDAY?
Can a move to a six-hour workday increase productivity and the happiness quotient of employees and their families and at the same time increase productivity and company profits? In the U.S., more...
View ArticleSTRATEGIC ISSUES AND THE PAY MODEL
Perceptions of compensation vary. It is seen as a measure of equity and justice. Stockholders are focused on executive compensation. Legislators may view average annual pay changes as a guide to...
View ArticleMINDFULNESS: EMBRACED BY BUSINESS
In a world where multitasking and information overload are the norm, an old idea, Mindfulness, is becoming increasingly appealing to organizations who are effectively applying it to their businesses....
View ArticleMINIMUM WAGE UPDATE – JANUARY 2018
The current federal minimum wage, under the Fair Labor Standards Act (FLSA), is $7.25 per hour which has been in effect since July 2009. States have the ability to set a rate that is higher than the...
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