Big U.S. companies are continuing to restructure their compensation and performance management systems to remain competitive amid tight labor markets, surging inflation and a rise in union activity. On May 25, Apple... Read more »
?The pandemic has taught employers that flexibility is key to survival—and thanks to a new law just signed into effect on May 11, Florida employers will not have to worry that any... Read more »
?The Illinois Department of Labor (IDOL) has, at long last, issued proposed rules implementing its equal pay registration certificate (EPRC) requirements. As a reminder, Illinois is setting deadlines for covered employers to apply for certification... Read more »
The House Education and Labor Committee advanced a bill to raise penalties on employers who violate wage requirements under the Fair Labor Standards Act (FLSA). The Democrat-sponsored measure moved forward after a... Read more »
?Under California law, employees normally accrue daily overtime for hours worked over eight hours in a day. Alternative workweek schedules (AWS) permit workplaces to adopt different schedules longer than eight hours without... Read more »
Microsoft Corp. said it plans to “nearly double” its budget for employee salary increases and boost the amount of stock compensation it gives some workers by at least 25 percent, in an... Read more »
?In 2017, California started its stair-step climb to a $15 minimum wage, allowing smaller businesses with 25 employees or less to raise their minimum wage on a delayed schedule from larger businesses. ... Read more »
The more focus companies put on financial incentives for CEOs’ bonuses, the worse the firm’s commercial performance, according to a… The post Executive pay: financial incentives damage long-term profits appeared first on... Read more »
As chancellor Rishi Sunak prepares to announce plans to support the wages of millions of worker we look at similar schemes in their infancy on the Continent. The post How Europe is... Read more »