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Compensation

Is Now the Time for CEOs to Increase Employee Pay?

As American workers continue to voice growing discontent about income inequality and stagnant wages, some CEOs are voluntarily raising employee pay on principle. They say doing so not only improves morale and employee satisfaction but also serves as a long-term investment to better their workforce.

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How to Prepare Now for the Overtime Final Rule this Winter

A new Labor Department regulation known as the Overtime Final Rule will effectively double minimum salary requirements for hourly workers, starting December 1. Employers should start now to properly classify workers in advance of the new regulations to avoid unnecessary salary increases and ensure workers are doing their jobs effectively.

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Wal-Mart’s Wage Move May Have Opened Pay Increase Floodgates

Wal-Mart’s high-profile move to raise its minimum wage was aimed at least in part at boosting its reputation among certain constituencies. But what ever the motive, the action now looks like it may have been inevitable given other rising market forces at work. It’s also apparent that Wal-Mart's maneuver may have set in motion a trend that could affect just about any company with hourly employees.

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