Compensation Budgeting and Spending – 2024

Compensation Budgeting and Spending – 2024

Employers budget for annual salary increases in Q4 of each year based on market projections, and affordability. Multiple organizations collect the projected data and provide information by type of increase and by other company demographic data, such as industry and...
Job Descriptions: An Essential Management Tool

Job Descriptions: An Essential Management Tool

Job descriptions are an essential part of hiring and managing your employees. Written summaries of your jobs ensure applicants and employees understand their roles and are accountable to the organization. Job descriptions also: Serve as the foundation for creating job...
Preparing to Return to Work – Base Pay Fundamentals

Preparing to Return to Work – Base Pay Fundamentals

by Rhonda Farrington While many organizations are freezing any planned hiring, and others have had to lay off or furlough employees, preparing your organization for when business returns to a post pandemic normal is an essential way for Human Resources to support the...
AG Healey Issues Guidance for Employers on Equal Pay Law

AG Healey Issues Guidance for Employers on Equal Pay Law

Important information: Updated Law Goes Into Effect July 1, 2018; AG’s Office launching new website, webinar series to educate employers. Below is the news release from March 1, 2018: BOSTON – To ensure that employers are prepared for the updated Massachusetts Equal...

Don’t Confuse the Cost of LIVING with the Cost of LABOR

In working with clients in the development and management of base pay programs, we may hear about or receive questions about geographic cost of living being used to determine or justify pay rates. For example, “our Stanford, CT location has a much higher cost of...