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Compensation
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Compensation
2010 Compensation Budgets Dip Slightly from Projections
While 2010 base salary increases have dropped slightly from U.S. companies’ original projections, these changes are much less drastic than the reductions employers made for 2009. More
Companies Enhancing Stock Plan Offerings to Employees at All Levels
More companies view stock plans as an important tool to motivate and reward workers at all levels. But more education is needed for rank-and-file employees who receive equity awards. More
CEO Stock Ownership Value Plunged in 2008, Study Finds
The total value of CEO stock ownership in the U.S. decreased by 42 percent in 2008, which is larger than the 34 percent decline experienced by a typical shareholder at those companies, according to a new study. More
Salary Range Structure Practices
An effective salary structure allows management to reward performance and skills development, while controlling overall base salary costs, by providing a cap on the range paid for particular jobs or locations. A recent survey looked at base salary range structure practices. More
Pay Particular Attention to FLSA When Switching Timekeeping Systems
Employers need to pay particular attention to Fair Labor Standards Act (FLSA) requirements when upgrading their timekeeping systems, cautioned attorneys at the annual meeting of the American Bar Association's Section of Labor and Employment Law. More
Use of Different Base Hourly Rates Did Not Violate FLSA
The mere fact that pay rates differ in an effort to keep overall pay revenue-neutral does not establish a violation of the FLSA's overtime pay requirements, the 9th U.S. Circuit Court of Appeals affirmed. More
New-Hire Compensation Remains Under Pressure
The rate of increase for new-hire compensation has been falling for more than a year, and employers reported that they continued to keep wages and benefits packages in check for new hires in October, according to SHRM's latest Leading Indicators of National Employment (LINE) survey. More
More Companies Plan to Unfreeze Salaries and Restore 401(k) Matches
About half of all large U.S. companies that froze salaries for 2009 plan to unfreeze them for 2010, and over a third of companies that reduced 401(k) matching contributions plan to restore them, according to an October 2009 survey. One reason: More employers think their financial setbacks have bottomed out. More
Fortune 500 Executive Comp Peer Groups: How Large?
An important component of setting executive pay is choosing peer firms against which to measure and benchmark compensation. New research looks at peer group composition at American's largest companies. More
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Where are the latest articles on benefits?
Thay are posted in SHRM Online's Benefits Discipline!
Daily Newswire
For full links/summaries to some of the best new comp/benefits stories on the web, click here. Recent compensation postings on the newswire (please scroll down through benefits posts):
• Beer Distributor Workers Win $41 Million in Back Pay (Detroit Free /Press)
• Severance Pay: Comfort, Then Crisis (Wall Street Journal)
• Executive Pensions Rose in ‘08 Even as Stocks Fell: Report (Reuters)
• Wal-Mart Wins Final Approval of Wage Suit Settlement (Bloomberg.com)
Recently Posted
News and Features
REGULATION/LITIGATION:
• 5th Circuit: Workers Were Employees Covered by FLSA
• Ledbetter Law Leads to Equal Pay Ruling
FORECASTS
• Salaries Looking Up?
• Some Still Slimming Pay
• U.S. Salary Increase Budgets Up Just 3% for 2010
• Modest Canadian Salary Increases of 2.2% Forecast for 2010
• 2009/2010 Survey Report on HR Compensation
GENERAL COMPENSATION:
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