Going forward organizations should refine their assessment of employees’ work and the rewards they receive, such that it is a fair and equitable reflection of their contribution to the organization. READ MORE
Trump promises permanent cut to payroll tax
President Trump pledged on Saturday to pursue a permanent cut to the payroll taxes that fund Social Security and Medicare if he wins reelection in November, a hard-to-accomplish political gambit that some experts see as a major headache for the future of the country’s entitlement programs. READ MORE
Payroll tax deferral will give employed Americans 'a huge wage increase'
White House economic adviser Larry Kudlow said Sunday that the payroll tax deferment enacted by President Trump's executive order will give millions of employed Americans "a gigantic wage increase." READ MORE
The Pandemic Benefit Seems So Great Because Actual Wages Are Insanely Low
It won’t be enough to simply bring back jobs when people weren't making enough in the first place. READ MORE
Salary budget planning 2020
Pay freezes, postponed reviews and slashed salary budgets - what will be in store for 2021? READ MORE
On Measuring Sales Performance
When we separate measuring sales performance from compensating sales performance, we are able to start clarifying things. We can start to develop more meaningful metrics. READ MORE
Report reveals shocking salary discrepancies between men and women at Netflix, Google, and others
A recent study by BioSpace revealed a shocking salary disparity between men and women at top companies in the United States. READ MORE
Facebook CEO Mark Zuckerberg is now worth $100 billion
Mark Zuckerberg has joined the world's most exclusive club of the ultra rich.
The Facebook (FB) CEO on Thursday became a centibillionaire: someone who is worth at least $100 billion. He crossed the milestone after shares in the social network surged. Only two other men, Amazon (AMZN)'s Jeff Bezos and Microsoft (MSFT)'s Bill Gates, have bigger personal fortunes. READ MORE
Salary History Bans Are Starting To Improve the Wage Gap—Here Are 6 Other Changes That May Level the Field
Of all the questions a hiring manager may ask in a job interview, one of the simplest to answer is also one of the most loaded: How much money are you making in your current position? That’s because employers often use past and current compensation information to determine the salary offers extended to job candidates—a practice that can trap underpaid workers in a cycle of earning less than deserved for… basically forever. READ MORE
Not only were low-wage jobs hurt most by the pandemic, they're least likely to come back
A new MIT report suggests that low-wage workers could face long-term unemployment after the COVID-19 crisis subsides. READ MORE
California labor commissioner sues Uber and Lyft for alleged wage theft
Uber and Lyft are committing wage theft by misclassifying drivers as independent contractors, California’s labor commissioner alleges in separate lawsuits against the companies. The classification of drivers as freelance workers has deprived them of “a host of legal protections in violation of California labor law,” the lawsuits say. READ MORE
Why bursting the tech salary bubble is a good thing
In recent months, tech giants like Twitter, Shopify and Facebook have been announcing permanent remote work options for their staff, whether the COVID-19 pandemic subsides or not. It appears that the tech world and its CEOs are realizing the numerous benefits that come from giving workers more flexibility over their geographic location. According to recent surveys, 19 percent of employees want to work from home on a permanent basis after the health crisis is over. READ MORE
SEC Adopts Amendments to More Closely Regulate Proxy Advisers
Advisory firms such as Institutional Shareholder Services (ISS) and Glass Lewis will face tighter regulations following a vote by the Securities and Exchange Commission on Wednesday. READ MORE
ESG and D&I Will Be Staples in Incentive Planning
In the executive compensation space, two topic areas — diversity and inclusion (D&I) and environmental, social and governance (ESG) are gaining considerable steam of late. READ MORE
America’s highest-paying jobs have the worst Black-white salary gaps
Structural racism is evident everywhere in America, but especially in the makeup of the country’s highest-paying professions. From law to finance to software development, data show wide gaps between white and Black workers, not only on salary but in racial representation within each field. READ MORE
Calculate how many seconds it takes Jeff Bezos to earn your annual salary
We all know that Amazon CEO Jeff Bezos is among the wealthiest people on the planet. He added a cool $13 billion to his net worth in a single day when shares of the company surged. READ MORE
Growing Wage Inequality Is Caused by Growing Skill Inequality
In recent years, the gap between the highest and lowest income brackets has become an area of growing concern for economists and policymakers, not to mention the low-wage workers who have been left behind. In late 2013, President Obama said that inequality was the defining issue of our time. READ MORE
Blizzard Workers Share Salaries in Revolt Over Wage Disparities
Employees at Blizzard Entertainment, a division of Activision Blizzard Inc., began circulating a spreadsheet on Friday to anonymously share salaries and recent pay increases, the latest example of rising tension in the video game industry over wage disparities and executive compensation. READ MORE
Trump fires Tennessee Valley Authority chair over compensation, outsourcing
President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, saying the executive was getting paid too much and was hiring foreign workers. READ MORE
Sickened by COVID-19, low-wage workers lose jobs. Others are denied paid leave.
Lucie Joseph started to feel sick on April 28 as she rang up customers at a Shell gas station in Delray Beach, Florida.
Joseph said her boss wouldn't give her time off without a doctor's note. But the owner of the gas station, Sun Gas Marketing and Petroleum, didn't offer her health insurance, so she didn't go to the doctor. Joseph, a single mother with a 10-year-old son, kept working — seven more shifts over 10 days. READ MORE