Compensation and Benefits

Compensation and benefits topics – whether it’s minimum wage, workers’ compensation laws, or employee pay – if properly handled, can help you retain workers and recruit new ones.

Use our advice to craft independent contractor agreements that keep independent contractors – and your bosses – happy.

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Adults who were high school athletes tend to have higher incomes, according to a new Harris Interactive poll. Fifteen percent of adults who participated in athletics have personal incomes greater than $100,000, compared to just 9% of those who did not participate.
Many organizations give employees a specified number of annual paid days off—perhaps 10 or 15—in addition to a handful of federal holidays. Bart Lorang felt that wasn’t enough.
Q. We have an employee going from a full-time salaried position to part-time hourly. To set his hourly rate, do we have to divide his salary by 2080 (40 hours per week for a year)?
American workers who rollover 401(k) retirement savings into individual retirement accounts lose at least $8 billion per year because of conflicts of interest created by financial advisors’ reliance on commissions, according to a new Department of Labor report.
The percentage of employees receiving promotions increased to 9% in 2014, up from 7% in 2010 according to a new “Promotional Guidelines” survey released by the total rewards nonprofit WorldatWork.
A supervisor’s single threat leading to a salary deduction could cost your company millions.
Specialty Painting & Wall Covering and M&S Enterprises, both in Nie­­der­­land, have paid 22 painters and drywall installers $108,783 in overtime back wages following a U.S. Labor Department Wage and Hour Divi­­sion investigation.
The price for top high-tech talent is rising, and employers that want to hold onto the best IT staff had better be ready to pay up. Technology pay in the U.S. saw a second straight year of hikes in 2014, with average earnings of $89,450, up 2% from 2013.
Looking for a no-cost way to help employees save more for retirement? Consider making enrollment in your 401(k) automatic for all employees. They’ll have to affirmatively opt out if they don’t want to participate.
The California Supreme Court has held that the on-call hours for security guards who work 24-hour shifts constituted compensable hours worked. The court also ruled that the guards’ employer could not exclude “sleep time” from the guards’ 24-hour shifts.
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