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Compensation Design and Communication

Quicken Verdict Gives Employers Hope on Overtime

June 10, 2011
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In a case that began in 2004, the jury in the U.S. District Court in Detroit dashed the hopes of 359 former loan officers by finding that Quicken did not misclassify them as “administrative” employees exempt from overtime compensation.
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Living Wage Bill Would Kill New York City Jobs, Study Says

May 10, 2011
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In an expected result, a $1 million analysis commissioned by Mayor Michael Bloomberg’s administration supports his view that mandating higher wages is a bad idea.
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<i>Dear Workforce</i> How Do We Change COLA Dates Without Demoralizing People?

May 4, 2011
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Employees at our company are accustomed to receiving an annual cost-of-living adjustment, or COLA, increase. However, we are implementing a new system linking pay to performance, and those employees will have to meet their yearly goals to be entitled to the COLA. They will also be awarded a bonus for exceeding goals. Currently, COLAs are awarded throughout the year based on each employee's date of hire. In the new system, we wish to have everyone eligible for the pay increases at the same time, in April. How do we change the timing without de-motivating those who would have been eligible for an increase under the old system, but now must wait anywhere from one to 12 months to become eligible?
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<i>Dear Workforce</i> How Could We Effectively Measure the Productivity of Newly Promoted Employees?

April 20, 2011
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What are the best ways of measuring the productivity of newly promoted employees? Their performance results will define the salary for the new position.
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Labor Department Stiffens Incentive Pay for Flex Workweek Employees

April 15, 2011
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The new regulations, which amend the Fair Labor Standards Act of 1938, will likely lead employers using this method to eliminate all incentive rewards such as commissions, bonuses or prizes, a labor attorney notes.
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Compensation Consultants Are Focus of SEC Proposal

March 31, 2011
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Comp committees would have sole discretion in retaining a compensation consultant, as well as have direct responsibility for paying and overseeing that consultant.
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Pay 'Philosophy' Could Prompt Workers to Stay

March 29, 2011
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'Organizations should focus on communicating how their philosophies were developed and continuously benchmark their scores on pay satisfaction to remain competitive,' says Ashley Nuese, director of marketing and sales services at Chicago-based HR Solutions.
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One-Third With HSAs Spend Most of Contributions for Reimbursements

March 22, 2011
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Contributions to health savings accounts averaged $2,620 in 2010, including individual and employer contributions, down slightly from $2,647 in 2009.
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Quicken Owner Win in Overtime Trial A Victory for Right Over Wrong

March 18, 2011
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The case hinged on a portion of federal labor law that spells out overtime. Specifically, an exemption from overtime requirements is granted for financial services employees who have discretion to make decisions and whose duties are primarily office-related and focused on clients of the firm.
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Wage and Hour Lawsuits Top Employer Litigation Concerns

March 14, 2011
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Wage and hour lawsuits are by far the most common type of employment litigation. The number of these lawsuits far outpaces any other form of employment litigation and verdicts and settlements are steadily increasing. What are employers doing to address this situation and to limit their liability?
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