Most industries and professional disciplines have unique – and often confusing – jargon. The world of employee compensation is no different, with compensation terminology (“comp speak”) that can be downright puzzling to outsiders. Nonetheless, understanding employee compensation is vital to American workers; so, here’s a quick primer to help demystify “comp speak."... Read More
Do you love your job? Do you love it so much you would not leave your employer for any reason? If so, you are in the minority. According to a recent survey by Yoh, only 28% of employees say they love their job with a loyalty so strong they would not leave under any circumstance. However, at the opposite end of the spectrum, Yoh reports that 1 in 7 employees (14%) would like to leave their current job for a new one in the next 12 months. ... Read More
Temperatures (and leaves) may be falling, but with the new year on the horizon, critical employee compensation issues are rising. With that in mind, let’s look at what’s happening with employee pay topics.... Read More
Recent weeks brought annual observances of International Women’s Day globally and Equal Pay Day in the U.S. These are, or at least should be, not just celebrations of progress where it exists, but also reminders of the ongoing struggle for gender equality and pay equity in the workplace. Of course, these commemorative days beg these questions regarding the state of women in the workplace: Have we really come a long way? And where do we go from here?... Read More
It’s no secret that unemployment is low, and workers are much more likely to jump from one job to another during what has been called “The Great Resignation” – a labor market phenomenon that bloomed during the COVID-19 pandemic and still lingers.... Read More
On top of the catastrophic human cost of COVID-19, the Coronavirus Pandemic has also shifted the foundations of American employment. Many employees were laid off or terminated as the economy faltered,... Read More
After more than a dozen years since the last increase to the Federal minimum wage, pressure has grown for a significant increase, with $15 per hour being the proposed phased-in target – more than doub... Read More
From frontline workers to C-suite executives, organizations are increasingly embracing workforce diversity and inclusion. Certainly, elevating minorities and underrepresented populations at all corpor... Read More
This changes everything! Or does it? With U.S. and global economies in free fall during the coronavirus pandemic, businesses are asking, “What will this do to the employment market as we navigate thro... Read More
It’s a challenging time. When a pandemic like the coronavirus outbreak leads to COVID-19 infections, serious illness and even death, we are all impacted. Lives change. At home and at work. Indeed, for... Read More
