Bank fiasco still paying learning dividends

The hits just keep coming for beleaguered banking giant Wells Fargo. What’s the lesson for employers?

SEC limits severance language

The Securities and Exchange Com­mission recently issued two decisions rejecting severance agreement language that would require employees to waive their rights to additional monetary recovery.

Wells Fargo fraud offers lesson on incentives

Wells Fargo's recent $185 million fine should be a lesson: Build accountability into your bonus or incentive programs.

Snapshot: What kinds of variable pay do employers offer?

With base pay staying relatively flat in recent years, 88% of employers now offer some form of variable pay.

Final rules cap wellness plan incentives at 30%

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

Could incentives work to raise your company's productivity?

Raises hold steady, but not for top performers

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

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

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

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?

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


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

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

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

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.
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