Based on annual pay increase studies released by WorldatWork, Willis Towers Watson and Salary.com earlier this year, the average salary increase budgets will range between 2.8% and 3.0%. Stephen Miller, CEBS published and released a SHRM article on September 3, 2020 titled, “Salary Increase Budgets Decline for First Time in 12 Years.” The Willis Towers […]
Recently, we had a discussion with a potential client via a GoToMeeting online session. We were visiting with three members of the human resources team about internal job valuing and job matching with a national external salary aggregator’s software system and market pay comparisons database. One of the human resources team members mentioned how internal […]
We recently completed a classification and compensation study for a public organization where the last formal study was done over 20 years ago. With this much time between formal classification and compensation studies, the normal outlook would be that the organization’s classifications and compensation plans would be dated and needing a complete overhaul. We were […]
We hope that you and your associates are staying safe and well during the COVID-19 Virus pandemic social distancing period and now with the various staged re-opening plans for organizations and businesses across the U.S. Both of our human resources software programs (DBDescriptions and DBCompensation) are internet hosted. We offer access to the DB Squared […]
An intersection is a point at which two or more things intersect, especially roads. (Merriam-Webster) A roundabout (also called a traffic circle, road circle, rotary, rotunda or island) is a type of circular intersection or junction in which road traffic is permitted to flow in one direction around a central island, and priority is typically […]
PayScale, a compensation and software firm, released a recent report titled, “Does Pay Transparency Close the Gender Wage Gap?” CEO Scott Torrey made the following statement based on the research findings related to their compensation study: “This latest research shows just how powerful transparent pay practices can be for organizations. When employers use real market […]
Our public organizational clients are experiencing supply and demand issues associated with jobs that require a commercial driver’s license. The counties and cities that require CDL’s for trucking and other road operated equipment are experiencing shortages in applicants that have CDL’s. We have seen increased efforts by these public organizations to attract and retain employees […]
In a Forbes article titled, Baby Boomers Retiring Rapidly: Are Successors Prepared written by Maureen Metcalf, Forbes Council Member and CEO of Metcalf & Associates, she refers to research by Bonnie Hagemann and co-authors in their book “Leading with Vision” that baby boomers are leaving the workforce at a rapid rate of 10,000 per day […]
The EEO is under significant pressure by Judge Tanya Chutkan of the U.S. District Court for the District of Columbia to finalize plans for employers to complete the EEO-1 Component 2 “Pay” and “Hours Worked” by gender and race form during calendar year 2019. During a recent court hearing, Judge Chutkan was seeking input from […]
Several states have passed new minimum wage legislation for 2019 and beyond. Arkansas passed new minimum hourly rates of $9.25, $10.00 and $11.00 for years 2019, 2020 and 2021 respectfully. To compound the impact of higher minimum wage laws, the employment market is becoming more competitive in certain business sectors and organizations are increasing new […]