Compensation Insights BLOG

By Lara Sadowski at Phillip Blount Associates During a conference last November 2015, the Solicitor of Labor, M. Patricia Smith, shared news regarding the proposed Fair Labor Standard Act (FLSA) overtime regulations. She reported that the FLSA overtime eligibility rules probably would not be issued until...

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...

The Department of Labor (DOL) recently released significant proposed changes to the overtime pay regulations under the Fair Labor Standards Act (FLSA). These proposed FLSA changes impact employers in every industry and sector. Although the final FLSA regulations are not expected to go into effect until...

By Janet Koechel - Paradox Compensation Advisors   Your most talented employee just turned in his or her resignation when offered an increase in more pay from a competitor – what do you do?  Make a compensation counter offer and boost their salary without consulting HR or...

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...

Funding for long term incentive plans (LTI's) is handled differently for private companies vs public companies and comes directly off the bottom line. So when and why should private companies consider these "costly" performance incentives for their executives? What executives should be included in LTI's?...