What is AI’s Role in Compensation?
Artificial intelligence (AI) refers to computer systems that can perform tasks typically requiring human intelligence, such as understanding natural language, recognizing patterns, making...
Salary.com Webinar: 4 Ways to Avoid Painful Turnover in 2024
Join Salary.com's VP of Comp Management, Jamie Davis, and Solutions Consultant, Alden Aikins, for the webinar, 4 Ways to Avoid Painful Turnover in 2024, where we dive into the critical...
Getting your managers in the right compensation mindset
An HR pro I know said, “The task is easy, it’s the people that are difficult.” In the case of compensation, the difficult people are probably managers who don’t spend much time thinking about...
How Reward Can Make Good Use of The People Analytics Team
If you’ve been in the HR space these past few years, you’ve probably heard about the industry’s new golden calf: people analytics, the data-driven method of studying people processes, functions, and...
The Skilled Compensation Shortage No One Is Talking About
I often encounter individuals eager to embark on a career in Human Resources (HR). Regrettably, very few express a desire to specialize in compensation. This lack of interest makes it challenging...
Compensation Pros Should Become Experts in Measuring Performance
Let me know if I’m being presumptuous, but it seems to me that compensation pros get stuck doing an awful lot of repetitive manual tasks. The touted solution to such toil is usually this: use a...
Nobody’s Perfect: What to Compromise When Choosing an HR Software Solution
As companies evolve, they follow a natural inclination to acquire new technologies that can streamline their processes and support organizational growth. At the heart of these technological...
Compensation Data and The HR Suite: Understanding Data Management in HR Software Solutions
Compensation planners know that every decision made about incentive programs, benefits packages, variable pay structures, and stock option compensation is informed by one essential asset: data. Lots...
Why Compensation Planning Needs Comprehensive Service
Important Considerations When Choosing a Compensation Module One thing remains true in the marketplace of services: people don’t remember how crucial customer service is until they receive a...
Bourbon Maker Gave Out Pay Raises, But Did It to Thwart Union Efforts, Judge Rules
COMP NEWS - A popular bourbon maker recently handed out free whiskey and $4-and-hour pay raises to its staff. The problem - a judge just ruled that the pay bumps were explicitly timed to illegally undermine an upcoming unionization vote. Woodford Reserve undermined...
Final Overtime Rule Clears White House Review
COMP NEWS - The U.S. Department of Labor is updating the way workers may be included or excluded from overtime pay requirements. The U.S. Department of Labor’s final rule updating the standard by which some workers may be excluded from the overtime pay requirements of...
Nearly Half of CEOs Are Conceding That Hybrid Working is Here to Stay
COMP NEWS - After nearly two years of emphasizing looming return-to-office mandates, CEOs are beginning to shift their stances, with almost half now accepting that hybrid working is here to stay. Good news for those hoping to cling on to working from home: After a...
Many FBI Agents Are Struggling to Live on Their Salary
COMP NEWS - Many FBI agents are struggling to live on their salaries due to the high costs of living in areas they are assigned, forcing them into long commutes and co-living situations. Many FBI agents based in cities with a high cost of living are struggling to make...
Women in UK Finance Earn a Third Less Than Male Colleagues, Data Shows
COMP NEWS - Top financial firms in the UK pay women less than their male counterparts on average, according to new salary data. LONDON, April 5 (Reuters) - Some of Britain's top financial firms pay women 28.8% less on average than male counterparts, salary data from...
Taiwan’s Two Biggest Liners Reduce Annual Bonuses Amid Falling Profits
COMP NEWS - Two Taiwanese liner operators, who made news last year for giving workers astronomically large bonuses worth several years' salaries, are reducing this year's bonuses after less-than-astronomical profits. With substantially reduced profits a foregone...
41% of Surveyed Executives Say AI Will Reduce Workforce
COMP NEWS - A survey of senior executives reveals a chilling statistic: 41% of them expect to cull their workforce in the next five years and replace workers with AI technologies. A survey of senior biz executives reveals that 41 percent expect to have a smaller...
Some Employers Want to Start Offering Addiction Recovery Help
COMP NEWS - Around seven in ten people with an addiction to drugs or alcohol are employed in a workplace. Modern employers can use a variety of tools and resources to create a supportive space for such workers - and it could help with employee retention. Employers...
Top Performers Resign When New Hires Are Paid More
COMP NEWS - A new study out of the Harvard Business Review is shining a light on the effects of paying new hires more than existing employees in similar roles. To attract top talent, employers often pay new hires more than they pay existing employees in equivalent...
WHO Helps Overhaul Health Worker Compensation in Africa Through Digital Payments
COMP NEWS - The World Health Organization has partnered with African countries to pay frontline health workers through digital payments, securing easier and safer methods of distributing employee compensation. Campaigns in Africa to stop polio and other diseases have...
New Mexico Supreme Court: Compensation Caps on Workers With Mental Impairments Unconstitutional.
COMP NEWS - The New Mexico Supreme Court has struck down a law that allowed employers to pay less workers' compensation to employees who suffered from mental impairments. SANTA FE, N.M. — The New Mexico Supreme Court ruled the caps on workers’ compensation for...
California Fast-Food Workers Will Now Get $20 Minimum Wage
COMP NEWS - California fast-food workers will start making $20 an hour this week, as a new state minimum wage edict officially goes into effect. California fast-food workers cooking Big Macs or whipping Frappuccinos will start making a minimum wage of $20 an hour on...
Amazon Withholding Cash Bonuses From Senior Workers This Year
COMP NEWS - Amazon is slashing cash bonuses from its senior workers this year, a move sure to anger long-time employees who are used to the generous bonuses. Amazon’s senior managers and other senior leaders won’t receive cash pay raises this year, Fortune has...
Employers Aren’t Offering Women the Benefits They Want
COMP NEWS - New data regarding preferred employee benefits is shining a light on an area of dissatisfaction; women in the workplace feel like their employers don't offer the benefits they actually want. It’s not enough to offer employee benefits. Companies must...
