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.
Q. Can we pay an employee minimum wage for a position that usually pays more? We have an applicant who doesn’t want to lose her pension benefits and can work for minimum wage yet still qualify to receive her pension. Should we have her make that request in writing?
With hard hats on, Skanska Construction Group crews all over the country start their day by stretching in 15-minute group exercise classes right on their job sites.
Most employers allow some kind of flexible working arrangement. However, that’s often due to casual agreements between bosses and workers. Informal flex deals are more common than formal policies.
It’s not all work and no play at United Shore, a Troy, Mich., mortgage lender, which stages an annual Octoberfest.
Courts don’t like it when insurers try to use technicalities to limit benefits.
Q. Our payroll system automatically deducts 30 minutes per day from drivers for lunch since they are on the road and away from a computer. I have concerns about liability. Should we make this deduction?
The average tenure of the 180 employees of Redwood City, Calif.-based W. Bradley Electric is 9.3 years—three times the national average in the construction industry.
With few exceptions, hourly employees are entitled to pay for all time worked. Paid time can include the time it takes to put on specialized equipment and clothing and walk to a workstation. If you rely on an inaccurate formula to calculate that time, a jury may correct your mistake for all similarly situated employees—and a judge may double the amount owed for unpaid time.
American workers take only 77% of available paid vacation leave each year, forfeiting a total of 169 million days worth $52.4 billion, according to the U.S. Travel Association. It’s worried about this state of affairs.
Swedish ready-to-assemble furniture maker IKEA will soon give a pay raise averaging $1.59 per hour to its lowest-paid U.S. employees. The move, affecting about half the company’s workforce of 11,000, will raise IKEA’s average minimum wage to $10.76.