Searching executive compensation on page 57

Shuttering Focused Offices and Roles The Ezell memo, titled “Initial Guidance Regarding DEIA Executive Orders,” provided additional guidance to government entities on mobilizing actions from two of President Trump’s Jan. 20 executive orders — “Ending Radical and Wasteful Government DEI Programs” and “Initial Rescissions of Harmful Executive Orders and Actions” .

That rule sought to: ;Raise the minimum salary for exemption as an executive, administrative or professional (EAP) employee under the Fair Labor Standards Act (FLSA) and, in doing so, expand access to overtime pay to an estimated 5 million American workers who had been classified as salaried (or exempt) by their employer.; ;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.

Applebee’s Exec Fired for Leaked Email to Lower Restaurant Pay A leaked email from a mid-level executive at an Applebee’s franchise group predicting that inflation and higher gasoline costs would help the restaurants attract employees for lower wages recently created a stir on social media, according to reports from the Kansas City Star .

BDO data found about half of the organizations it surveyed recently increased salary budgets, with those compensation budgets averaging 5.1% overall and 5.4% among for-profit.

A WorldatWork faculty member since 1999, he brings decades of experience in global compensation leadership, including previous roles as Executive Director of Compensation Strategy at Comcast NBCUniversal and Director of Global Compensation at The Coca-Cola Company.

In 2014, President Obama signed an executive order prohibiting federal contractors from retaliating against employees who disclosed or discussed their compensation with fellow workers, stating: “Pay secrecy fosters discrimination, and we should not tolerate it” ( Dreisbach 2014).

The San Francisco Bay Area has some of the country’s highest real estate costs due in part to limited housing supply from decades-old zoning restrictions and elevated demand, most of which comes from high-paying tech workers and executives working in the surrounding tech industry.

In the private sector, the majority of high-paid senior executives are male (only around 10% of chief executives in the largerorganizations are female), resulting in a gender pay gap of more than 20% for that sector.

Toward the highly compensated employee (HCE) exemption, the DOL rule mandated that classified workers make at least: ;$132,964 in total annual compensation on July 1, 2024 (up from the previous $107,432 outlined in the 2019 final rule), and; ;$151,164 on Jan. 1, 2025.; The Counterargument Muddying the Matter On Nov. 15, 2024, the U.S.

“The complexity of executive compensation puts less focus on base salary and more on variable or incentive compensation, and salary increase budgets for executives tend to be a bit lower,” said Liz Supinski, director of research and insights at WorldatWork.