The FirstPerson Blog

Ideas & Insights

Compensation

Why Should You Evaluate Your Compensation Program?

February 22, 2017

Towers Watson reports that “only 46% of organizations agree that their business strategy and objectives inform their talent management and reward programs, while over one fifth (22%) disagree or strongly disagree.”

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Human Resources, Health Care Reform, Trends, Benefits, Compliance, Compensation

Workplace Trends for 2017 [Video]

January 6, 2017

It’s that time of year again when we share the workplace trends we see emerging for employers. While there’s some uncertainty going into 2017—like a new president—the best plan will be to stick with what we know works: Working with a multi-year strategy and adjust to course alterations as they come. It’s about thinking big picture, being strategic, and embracing design thinking when it comes to your people and business strategies.

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Compensation

Supporting Compensation and Benefits Programs with a Total Rewards Philosophy

September 15, 2016

When it comes to total rewards, it’s important to identify your employment story, or employment proposition, and evaluate how your compensation and benefits programs reflect and support it. In this episode of the FirstPerson video blog, I sat down with Managing Director Mark Minner to talk about total rewards. Watch the video or read the transcript below. 

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Compensation

The Case Against Pay Transparency

April 12, 2016

There have been many recent articles and policy discussions about transparency in pay and the positive impact it may have on performance and perceptions at work. In January of 2016, President Obama announced an executive order requiring companies with over 100 employees to report to the Equal Employment Opportunity Commission how their pay breaks down by race, gender, and ethnicity. The intent is that greater transparency will encourage fair pay and discourage pay discrimination.

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Human Resources, Compliance, Compensation

Other Business Impacts of the Proposed FLSA Changes

January 26, 2016

A few things you might not have thought about regarding proposed changes to the Fair Labor Standards Act

On June 30, 2015 the Department of Labor (DOL) released its proposed changes to the Fair Labor Standards Act (FLSA) overtime regulations. If enacted, it’s reported that "the proposed rule would more than double the salary level under which employees qualify for overtime pay when they work more than 40 hours in any given week; the current threshold of $455 per week/$23,660 annually would be adjusted to 2016 estimates of about $970 per week/$50,440 annually."

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