You've been working longer days and increasing your output, taking on more responsibilities, and really stepping up. You've earned a pay raise.
SEC issues proposed rulemaking to give gig workers equity compensation
The Securities and Exchange Commission has issued rules that would allow public and private companies to offer equity compensation to gig workers. READ MORE
Nearly 700 mostly Chicago-area nurses walk off the job
Nearly 700 nursing home workers walked off the job Monday at 11 mostly Chicago-area Infinity Healthcare Management facilities, saying they won't return until the company offers them higher wages and safer working conditions amid the coronavirus pandemic that’s hit nursing homes hard. READ MORE
Amazon’s $3,000 Signing Bonuses Irk Workers Who Got $10 Coupons
Amazon.com Inc. is doling out hiring bonuses as high as $3,000 to make sure it has enough people to squeak through the busy holiday shopping season. That’s stoking resentment among existing workers who recently got coupons for Thanksgiving turkeys as a thank you for their hard work. READ MORE
Rewarding Sales Profits Effectively
Should companies pay salespeople based on profits? Most agree the key measure of sales performance is revenue — what the company gets paid for the sale. Expressed as a sales goal, sales departments link sellers’ pay to “winning” as much revenue as possible. However, not all revenue will prove profitable for the company. READ MORE
Equitable Total Rewards: Driving Resilience and Sustainability
In February 2020, which seems like a century ago, we published an article in The Journal of Total Rewards suggesting that fairness in total rewards goes far beyond pay, and a focus on diversity, equity and inclusion extends to all elements of the portfolio — including pay, benefits, careers and well-being. READ MORE
Why Reddit will pay workers the same salary no matter where they live
More companies have embraced remote work permanently, and that has spurred some employees to relocate to other parts of the country. But moving to a less expensive area can come with a trade-off: a smaller paycheck.
That's not the case at Reddit, though. READ MORE
Making Equity Compensation Plans More Inclusive for Women
Financial wellness solutions and equity compensation programs can play a key role in supporting women’s careers. And by making these plans more inclusive and broad-based, companies can benefit both their employees and their bottom line. Here’s a look at how women’s career paths differ from men’s, and how a well-structured equity compensation program can help women achieve financial wellness while supporting a company’s recruitment and retention efforts. READ MORE
Elon Musk Overtakes Bill Gates to Grab World’s Second-Richest Ranking
Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla Inc. co-founder passed Bill Gates to become the world’s second-richest person. READ MORE
No masks? No hazard pay? Amid COVID-19 surge
As they brace for the holiday rush, grocery store and other frontline workers are demanding hazard pay, better cleaning of their workplaces and the mandatory wearing of masks to improve safety amid the spike in coronavirus cases across the country. READ MORE
What Might Be In Store For Executive Compensation During The Biden Presidency
The election is over, the votes have been counted, and the consensus is that Joe Biden – from the Democratic Party ticket – has won the presidency. Control of the House of Representatives will remain with the Democratic Party, and a special election in Georgia will decide the fate of the Senate majority in early January. Even if the Democratic Party does not gain control of the Senate, President-Elect Biden will be keen to push his policies and priorities through Congress once he becomes the 46th President of the United States on January 20, 2021. This includes his tax plan, which calls for numerous changes to the tax system, including changes impacting the taxation of executive compensation. READ MORE
Flee the city, keep your salary? Not so fast say more employers
It sounds like the perfect arbitrage opportunity: Leave your crowded city for a bigger place in the 'burbs, but keep your big city salary.
But now, a new study by global advisory firm Willis Towers Watson shows that many employers aren't necessarily planning to let you keep your full paycheck if you move. READ MORE
Coronavirus derailed 2021 salary plans for many employers, survey says
Other recent research shows that workers are likely aware of the impact the pandemic will have on salaries and salary increases. Fewer workers said they expected an increase this year compared to last year, according to an August Randstad US survey. READ MORE
How the biggest retail companies are compensating essential workers
As the number of new COVID-19 infections smashes daily records, the pandemic has entered its deadliest phase yet. With a dark winter looming, millions of frontline essential retail workers face grave risks to their health, often for very low wages and without the hazard pay they were earning at the start of the pandemic. Meanwhile, the biggest retail companies in the country continue to earn eye-popping profits. READ MORE
British Billionaire Lands $1 Billion Bonus, Then Hires ‘Remuneration’ Expert To Clear Up Governance Issues
Matt Moulding, the muscle-bound, Lamborghini-driving founder of The Hut Group e-commerce empire, best known for protein shakes and its own brand of beauty products, has successfully passed the test he set for himself to award (himself) a massive bonus in the form of stock of The Hut Group, which trades as THG Holdings. READ MORE
U.S. E&P Sector Slammed for Excessive Executive Compensation, Lack of Oversight
Upstream investor Kimmeridge Energy Management Co. LLC has the U.S. exploration sector in its sights and is calling out the industry for its “lack of alignment” between the executive management teams and their shareholders.
The New York City-based private equity (PE) firm said in a white paper that executive compensation for the exploration and production (E&P) sector was still rising, even though it is “one of the worst performing sectors” in the past decade. READ MORE
Employers see a future of flex work and hybrid compensation models
Employee safety concerns are a primary reason for providing alternative work arrangements, followed by employee retention and increasing and maintaining employee engagement. READ MORE
Have Equity Compensation? Strategies to Handle Stock Market Volatility
If you’re an investor in the stock market, it’s likely that you have experience with volatility, which often can strike unexpectedly. However, if you are the owner or recipient of equity compensation and employee stock options, you may not realize that volatility can have even more of an impact on your financial future. READ MORE
Jump in investors who want executive pay tied to ESG
More than two thirds of investors want executive pay tied to ESG initiatives, a move that would pressure boards to achieve social and other key targets, according to the global Edelman Trust Barometer Special Report: Institutional Investors. Sixty-nine percent of stakeholders say they want to see a link between remuneration and ESG, a 17-point jump over 2019. READ MORE
5 Executive Pay Issues for 2021
The 2021 executive compensation season will be more challenging than usual for most companies due to the financial and economic consequences of the COVID-19 pandemic. To meet these challenges, companies should be aware of several key issues as they design their 2021 executive compensation programs. READ MORE