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Incentive Pay

Expect more scrutiny of high-Paid execs’ salaries

06/06/2008
The Securities and Exchange Commission just created an online tool that lets the public easily see how much top execs are paid at the 500 largest public U.S. companies …

5 survival tips: Seek employee help to weather the recession

05/20/2008
It’s not easy for employees to hear that economic tough times mean they’re not getting a pay raise or that their jobs are in jeopardy. Having to deliver the bad news may be almost as hard. Here are five ways to make the most of a difficult situation—and invite employees to be part of the solution.

10 tips to ease the pain when tightening the benefits belt

05/02/2008
A slowing economy and tight cash flow might make it tempting to trim benefits and bonuses. But drastic cuts could be penny-wise and pound-foolish. Here are 10 ways you can help soften the blow of reduced benefits and incentives …

Tapped-out accountants get work/life help in tax season

05/02/2008

The children of Crowe Chizek and Co. accountants stay with baby sitters every Saturday morning during tax season, and their parents don’t pay. “We try to do everything we can to help them manage their work/life responsibilities,” Jane Hoff, HR leader, says …

Run sales commission language by counsel to avoid needless litigation

04/10/2008
Employees who work on a commission basis and are fired often look to their compensation agreements to find any possible way they can claim additional commissions. Their first stop after the unemployment office is often an attorney, who will go over the compensation agreement with a fine-toothed comb to see whether there is more money to be had …

Inequitably reducing or denying bonus may be retaliation

04/01/2008
As employers, we would like to think employees would be grateful for bonuses no matter the amount. But employees may perceive a smaller than expected bonus (or a bonus denied) as retaliation for engaging in protected activity …

Warning: Draft clear compensation agreements to avoid needless litigation

03/01/2008
Texas contract law grants great leeway to employers that create incentive payment plans, especially when it comes to how employers calculate what payment is due employees. Essentially, if the incentive plan says the employer has the right to interpret the agreement language and its decision is final and binding, courts won’t interfere unless the employer interprets it in bad faith …

Does your insurance cover you for employee injuries that fall outside workers’ comp?

02/01/2008

Nothing can sink an organization faster than having to pay a huge damage award without insurance coverage to pick up at least part of the tab. And if you don’t have the right policy, that can happen under an exception to Michigan’s workers’ compensation law …

Plenty of bustle, too little hustle for U.S. Airways workers

02/01/2008

U.S. Airways didn’t meet its holiday goals for on-time flights and baggage handling, so its workers did not receive the $100 bonus awards offered through the airline’s “Holiday Hustle” program …

Pay commission? Make sure contracts are clear about terms

02/01/2008

Commissions are a great way to motivate some employees to work harder. Usually a contract spells out the commission terms and how the payments work. But if the contract is the least bit unclear, expect trouble—especially if someday you have to discharge a commissioned salesman for poor performance …