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 […]
Enhancing Employees’ Experience With direction and support of the human resources team, the company culture will focus on tangible and intangible employee experience offerings that enhance the attraction and retention of top performing employees. Meaningful company purpose, work focus, societal partnership, team and individual recognition, work-life balance, digital friendly technology and competitive and fair total […]
The Department of Labor Bureau of Statistics published August, 2018 job openings and labor turnover rates in its October 16th news release. The number of job openings reached a series high of 7.1 million on the last business day in August and the number of new hires in August reached a series high of 5.8 […]
How Are Organizations Utilizing Retiring Baby Boomers’ Compensation? One of our public clients has experienced 17% turnover during the first eight months of 2018. The average tenure of the employees leaving this organization is almost 5.5 years and a measurable group of these employees are retiring baby boomers. The average pay variance between the new […]
HAPPY POST 4TH of JULY Now that we’re on the backside of the celebratory 4th of July – Independence Day fireworks and picnics, it is time to get back to work with attracting and retaining employees through competitive pay and strategic total rewards benefits. During the recent 4th of July holiday, it was amazing to […]
Even 60 Minutes Is In On It On a recent Sunday evening, the popular show 60 Minutes ran a segment on an important topic that is getting a lot of attention today and part of the Me Too movement. Human Resources professionals around the world have been working to correct this issue for several years. […]