Top 10 Ways to Change Compensation Structure Without Causing Panic

Business owners often need to make employee compensation alterations for various reasons, whether it’s to adjust for new business goals, launch new incentive programs or simply lower expenses. Unfortunately, many organizations forget to include employees in the process. This can lead to an overall sense of disappointment, anger and frustration with the employer and ultimately, hostility and lower productivity. To help avoid any unwanted surprises and keep a calm and professional working environment, we’ve asked 10 members of Young Entrepreneur Council (YEC) the following question: READ MORE

Survey Shows Job Satisfaction High, Compensation Satisfaction Lags

The good news? Overall U.S. employee job satisfaction continues to rank highly at 89 percent. The not-so-good news? There's a wide gap between those who rate satisfaction with compensation as very important (61 percent) and those who actually feel very satisfied with their current level of compensation (26 percent). This 35 percentage-point difference regarding compensation was the largest gap noted in the 2016 Employee Job Satisfaction and Engagement Survey from the Society for Human Resource Management. READ MORE

ACA repeal likely would boost CEO pay

The recent health insurance bills in the U.S. House and Senate are in a race to the bottom for heartlessness, deception and awful public policy. The bills share well-known faults: less coverage, higher premiums and co-pays, and big tax cuts for the wealthy made possible by Medicaid allocations that fail to meet costs. READ MORE

Senator demands to know why the Fed hasn't fired Wells Fargo's board of directors

Sen. Elizabeth Warren (D-Mass.) wants more action from the Federal Reserve on the accounts scandal that last year rocked Wells Fargo (WFC).

“How could the removal of [the Wells Fargo] board members not be warranted given the facts we already know?” Warren asked Fed Chair Janet Yellen during Yellen’s semi-annual testimony before the Senate’s Committee on Banking, Housing, and Urban Affairs on Thursday. READ MORE

Reminder on CEO Pay Ratio Disclosure for 2018

Beginning in 2018, most public companies will be required to include CEO pay ratio disclosure in their proxy statements. Despite efforts to repeal, delay or limit the implementation of the SEC’s pay ratio rule, it appears increasingly less likely that any of those efforts will be successful before the 2018 proxy season. As a result, companies should continue to prepare or, for those that have not yet started, begin the process of preparing the methodology they will use to develop their CEO pay ratio disclosure. READ MORE

Will we see CEO pay ratios in 2018?

At a time when the senior living industry is facing a critical shortage of workers across various job responsibilities and some workers are pushing for minimum wage increases in their states, could disclosing the discrepancy between the compensation of a company's CEO and the median compensation of its employees exacerbate mounting tensions? READ MORE

Here's a Look at the Otherwise Secret Teams Signing Off on Some of the Biggest CEO Pay Packages

Talk about big paydays. 

Compensation for CEOs at publicly traded companies remains a hot-button issue for shareholders and proxy advisory firms. Bloomberg recently reported that Apple Inc. (AAPL) CEO Tim Cook actually took home about $145 million in total compensation last year, far more than his reported $8.75 million. While CEOs may come under fire for how much they make, it is not the CEO who decides the compensation package, it is the compensation committee on the board of directors.  READ MORE