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Workspan Daily
12/01/2022
While most organizations are doing two adjustments per year, they are being more targeted in their approach, with over 50% conducting compensation review of specific employee groups (further 27% are planning/considering) and over 40% paid targeted base salary increases for specific employee groups (further 34% are planning considering).
Author(s):
Workspan Daily
01/13/2023
In May 2016, the Obama administration DOL issued a final rule increasing the salary threshold from $23,660 to $47,476 per year, also adding automatic updates to the threshold every three years.
Author(s):
Workspan Daily
08/12/2024
If an organization has many job levels, per this model, the distinctions between each level may be small.
Author(s):
Workspan Daily
08/13/2024
., $500 per month) toward the cost of childcare or caregiving.
Author(s):
Workspan Daily
04/17/2025
Consider an organization with an earnings per share (EPS) growth goal and an asymmetric payout curve, offering a steeper slope (and, therefore, bigger rewards) for outperformance than penalizing for underperformance (see Figure 3).
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Workspan Daily Plus+
04/30/2025
In fact, President Donald Trump signed an executive order on April 23 with a goal to “reach and surpass 1 million new active apprentices"per year.
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Workspan Daily
10/11/2023
Subsequent violations carry significantly higher penalties up to $25,000 per each offense.
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12/19/2022
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