Roundup: Paid sick leave; Incentive compensation; Retirement benefits; CA Robo bosses legislation; EEOC and "Anti-American bias"
Salary.com Compensation and Pay Equity Law Review
Welcome to Salary.com's Compensation and Pay Equity Law Review.
Our editor, employment lawyer Heather Bussing, is tracking legislation, cases, and analysis to give you the latest critical HR topics. She and Kent Plunkett, CEO of Salary.com, also have a new book out on Pay Equity, Get Pay Right: How to Achieve Pay Equity that Works!
This week we're asking these questions and even answering some of them:
- Should you front load paid sick leave?
- WWhat is incentive compensation and why would you want it?
- What happens to retirement benefits when collective bargaining agreements expire?
- Are retirement benefits becoming essential?
- Should we outlaw robot bosses who make decisions without humans?
- What is the EEOC's announcement about "anti-American bias" about?
How to Think About Paid Sick Leave and PTO
Most employees who are dealing with illness and injury care deeply about their work and will try to come back before they are ready because there's stuff to get done and they don't want to burden their co-workers.Sometimes they want to come back because work is a pleasant distraction. Other times, they just need the money. Paid sick leave helps.
Incentive Compensation Conundrums
The whole idea of employees having a financial interest in the performance of the company is that they will work harder and smarter to make the company succeed. This is mostly just an idea.
Examining Retirement Benefits and Agreements
With uncertainty around the continuation of Social Security, retirement benefits are going to be an even more important part of employee compensation. Retirement benefits are a need to have not a nice to have.
Should We Outlaw Robot Bosses?
If you use AI in employment decisions, you have to understand its limits, continuously monitor what it's doing, and track and audit outcomes for discrimination. If this sounds like a pain in the neck that would offset any efficiency savings in the decision making, wait 'till you see what would be required by this legislation.