As a salaried exempt supervisor, I have been given more than 40 hours of work per week, had pay cuts, and not been treated well in general. Now my employer is requiring all the salaried exempt employees to use the time clock. My … Read more...
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As a salaried exempt supervisor, I have been given more than 40 hours of work per week, had pay cuts, and not been treated well in general. Now my employer is requiring all the salaried exempt employees to use the time clock. My … Read more...
Understanding Stock Options
One of the biggest challenges facing employers is recruiting and retaining qualified, dedicated employees. Over the past decade, with unemployment levels low and the economy doing well, one of the ways businesses in many industries were … Read more...
Would you discuss the risks of promoting a deserving employee (title change) but not increasing salary due to current economic conditions? Read more...
A pay philosophy is a company's commitment to how it values employees. A consistent pay philosophy gives the company and the employee a frame of reference when discussing salary in a negotiation. The goal of a pay philosophy is to attract, … Read more...
A company's pay structure is the method of administering its pay philosophy. The two leading types of pay structures are the internal equity method, which uses a tightly constructed grid to ensure that each job is compensated according to … Read more...
Paying people fairly is good for business. Underpay, and employees will eventually look for a better offer. Overpay, and the payroll budget and profitability will suffer. That's why companies use market data to research the value of their … Read more...
Descriptions of job titles appear in a variety of forms in the workplace. Recruitment ads, compensation surveys and other benchmarking tools, as well as corporate or departmental development plans all use some method of describing a job. … Read more...
Salary.com estimates that at least one employee in ten has viewed compensation information on the Internet within the last year. That number is expected to grow, as salary sites have become a routine component of both the job search and the … Read more...
Executive Compensation
Chief executive officers (CEOs) get paid lots of money for being the top employees in the company. Why do they get paid so much? Like athletes and actors, CEOs provide a level of talent that is required to produce the desired product - in … Read more...
Working for a Good Cause has its Benefits
Working in a nonprofit organization brings both material and nonmaterial rewards. Although some nonprofit organizations do not pay (or are unable to pay) market wages, the benefits of working in a nonprofit often outweigh the drawbacks for … Read more...
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