INCENTIVE PAY

Final rules cap wellness plan incentives at 30%

05/17/2016
Employers can offer incentives worth up to 30% of premium costs to encourage employees and their spouses to provide health information as part of an employer-sponsored wellness program.

The most common kinds of short-term incentives

05/14/2016
Could incentives work to raise your company's productivity?

Raises hold steady, but not for top performers

10/01/2015
After pulling back the reins on pay raises during the recession, employers have returned to handing out steady, but not spectacular, salary increases. But the one-raise-fits-all approach is dying off as more employers embrace pay for performance.

Those who need wellness most respond to incentives

04/10/2015
Financial incentives are a crucial factor in bringing unhealthy workers into workplace wellness programs, according to a new analysis by the Employee Benefit Research Institute.

Prepare to pay more to retain tech talent

02/18/2015
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.

Performance drives pay in 72% of workplaces

02/12/2015
Pay-for-performance continues to define U.S. employers’ compensation strategies. According to a new study by the WorldatWork nonprofit, 72% of 600 organizations surveyed report that they directly tie pay raises to job performance—and 67% say their best employees earn increases that are 1.5 times higher than those of average workers.

Can we ask our employees to keep mum about their bonuses?

12/19/2014
Q. Our company is handing out bonuses only to those who deserve it. Can we ask them—not demand them—to keep it quiet as we hand them their checks?

Trucking firm adds bonuses, ups pay to help recruitment

10/10/2014

It’s not easy recruiting long-distance truck drivers, so Con-way Truck­­load is piling on the pay. Its new compensation package raises per-mile pay; increases layover pay; and offers bonuses for loyalty and helping the company achieve its productivity goals.

Employers budget for 3.1% pay raises in 2015

08/18/2014
U.S. workers can expect pay raises averaging 3.1% in 2015, according to the 41st annual WorldatWork Salary Budget Survey. The nonprofit organization found that U.S. employers’ budgets for pay increases have risen slightly from 2.9% in 2013.

Parkland execs' bonuses go to low-wage staff

07/31/2014
Dallas-based Parkland Health and Hospital System cut its executives bonuses this year, but not because the head honchos performed poorly. The system’s governing body decided the money was better spent raising the pay of the system’s lowest-earning employees instead.

Bonuses are back, more popular than ever

07/07/2014
A downward trend for bonuses that began with the 2009 recession has been reversed. Part of the reason: Employers may be substituting bonuses for traditional merit raises.

Pay tops job security as #1 reason for job satisfaction

06/13/2014
For the first time since the pre-recession year of 2007, U.S. employees say compensation is now their No. 1 contributor to their job satisfaction, according to an annual Society for Human Resource Management survey.

Top CEOs' cash take-home pay rose 10.8% last year

05/14/2014
The CEOs of the 100 largest U.S. companies had median incomes of $13.9 million last year, an increase of 9% over figures reported in 2013 by the Equilar executive pay consulting firm.

Bonuses prevalent across employer sectors

04/28/2014
A large majority of employers rely on incentive-based pay practices to compete for top talent, as well as to motivate and reward employees, according to research by the nonprofit WorldatWork organization, Deloitte Consulting and Vivient Consulting.

Benefits: 6 lessons from great places to work

03/04/2014
Your organization can't compete with the blizzard of benefits—from on-site dry cleaning to gourmet meals—that helped Google top Fortune magazine's new "100 Best Companies to Work For" list. But you can adopt some creative perks offered by the other 99 employers.
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