Compensation News

By Lauren Belcher at Phillip Blount and Associates Despite our growing economy and rising stock market, one thing remains consistent – salary budget increase projections.   National, industry-wide projections are stagnant, for the fourth consecutive year at a projected median of 3.0 percent (average, 3.2 percent) for...

A November 2015 survey of 2016 compensation trends within private sector companies conducted by Wilson Group, a compensation consulting firm based in Concord, MA, reveals that businesses plan to increase base salaries by 3% in 2016 and are expecting greater competition for talent in the...

By Janet Koechel - Paradox Compensation Advisors New Federal overtime pay regulations are imminent. Will your company pass the test? It’s a New World for Overtime Pay New rules for determining overtime eligibility could take effect in 2016 according to the Department of Labor (DOL) for employees whose base...