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Incentive Pay

New OT rules: Determine how bonuses fit into regular rates of pay

How you set up bonus programs can have a big impact on your overtime budget.

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.