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A typical minimum wage increase may be 2% and 3%, she said, while a typical employer salary budget may be between 3% and 4%.

Federal Trade Commission ; and,; ;The odds of the FTC pulling back its appeal of that decision grew significantly following Trump’s recast of the commission on Jan. 20 (Republican Andrew Ferguson was named chair and Mark Meador was positioned as the successor to Democratic commissioner Lina Khan, setting up a 3-2 Republican majority on the five-member committee).; The next domino to fall may indeed be the FTC dropping that appeal in the Ryan case.

Just 2% said the current environment would have no impact and 16% were unsure how things would shake out.

Top priorities this year include equipping managers to use performance management more effectively, make better compensation decisions and communicate rewards more effectively (see Figures 2 and 3).

.; 2) Know the Jobs Different sales jobs have different goals and priorities that should be reflected in the incentive plan’s design.

Although the unretirement trend appears to be stabilizing, it stands well above the pandemic levels of 2% to 3%.

“What’s the incentive for a high performer,” she asks, “if they’re only receiving a 1% or 2% difference in merit pay than their peers who have done what’s expected?”

Question 2: What can I do to increase my salary?

“You really should be talking about health benefits all year long.” 2.

Pitfall #2: Improper Tip Pooling Under the FLSA, employers may require employees to share or “pool” tips with other eligible employees.