Searching Compensation on page 114

“The Value of Knowing the History of Compensation Management.”

HR efficiency metrics are used in such functions as: Workforce planning;Recruitment and selection;Compensation and benefits;Training;Internal mobility;Talent management; HR effectiveness metrics show how well HR is performing its role in terms of outcomes (i.e., HR outputs).

.; ;Increase the total annual compensation level for exemption as a “highly compensated employee” (HCE) under the FLSA.; If the DOL rescinds the State of Texas appeal, the move would go along with a Trump trend of putting such issues for states and municipalities to decide.

;The Monumental Mission of Meaningful Mentorships;Proactive TR Pros See ‘Train’ of Change Coming, Take Steps to Act;The Pros and Cons of Giving Managers Discretion on Merit Increases;Using Analytics, Innovative Framework to Transform HR/Total Rewards;How An Industry Leader Sees Technology Transforming Total Rewards;Biopharma Compensation Leader Has Put AI Under the Microscope;Boldyn Networks Offers a Bolder Approach to Employee Well-Being; As the vice president of innovation and creativity at Disney, Wardle (pictured above) helped teams at the company’s Lucasfilm, Marvel, Pixar, Parks, Imagineering and Animation units innovate, creating fresh storylines and experiences for employees and consumers around the globe.That was the culmination of a 30-year Disney career, which started with him serving as “a coffee boy in the London office, getting cappuccinos for [his] boss” from a nearby shop.

Then there’s the financial institution with a stated compensation philosophy to pay at the market median, but also a voracious appetite for uncapped commission plans that routinely pay top sales performers well into seven figures and well beyond the market 90th percentile.

This shift makes skills the basis for hiring, employee development, advancement and compensation.

With compensation and benefits as one of the biggest business expenses for organizations, the study noted executives are struggling to see the full value of rewards.

.; ;Employees whose compensation for the preceding year did not exceed 60% of the highly compensated employee threshold for retirement plans.