Human Capital & Careers

Taking a Closer Look At Compensation Strategies

Changes in overtime pay rules present an opportunity for CFOs to review their company’s payroll practices to minimize existing risk as well as futu...
June 18, 2016

 

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Changes in overtime pay rules present an opportunity for CFOs to review their company’s payroll practices to minimize existing risk as well as future risk. Here are five articles covering the latest compensation trends that are important to CFOs.

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New Overtime Pay Rules: How to Adjust

The U.S. Department of Labor recently decided to more than double the minimum weekly salary threshold under which salaried workers are eligible for overtime pay when they work more than 40 hours in a week. Read more.

Regulators Propose New Rule on Executive Pay

Executives at many large U.S. banks will have to wait an additional year for their incentive-based compensation to vest fully under a regulatory proposal to discourage risk-taking. Read more.

Merit Pay Programs Falling Short of Goals

A surprisingly large number of North American employers say their merit programs aren’t an effective way of driving and rewarding employee performance, according to a new survey. Read more.

Many CFOs Paying a Premium for New Talent 

More than half (54%) of U.S.-based CFOs surveyed reported offering more money for new hires, with an average pay increase of 10%, and 36% offered the same amount. Moreover, 68% said starting pay was more than the amount offered two years ago. Read more.

Finance Professionals Get Smaller Salary Increases

Corporations reined in pay increases for finance professionals last year amid “extreme caution” over global economic conditions, with executive-level employees seeing the smallest hikes, according to the Association for Finance Professionals. Read more.

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