Human Resources: Base Pay

Fed increases interest rates to 6% - will wages respond?
Alan Greenspan of the Federal Reserve Board stepped up his attempts to cool the U.S. economy.

Importance of External Factors in Wage Determination
The various factors that are examined are; outside wages, occupational and overall unemployment rates, the product/ service market, the labor market, general economic conditions and the cost of living, legislative factors, and the spillover effect of unionism.

Salary.com
Salary.com is a free web-based compensation resource designed to assist individuals, small business and HR professionals in meeting their compensation information needs.

Minimum Wage Likely To Increase; Possible Silver Lining
The bill provides that an employee''s "regular rate" for purposes of calculating overtime compensation will not be affected (i.e., increased) by certain additional payments, including payments made to reward an employee or group of employees.

Compensation Adjustment
Compensation Adjustment Form Template

Salary Scale Template
Salary Scale Form Template

Basics of Merit Increments Spreadsheet
This illustrates the budget calculations discussed in the Basics of Merit Increments article.

Basics of Merit Increments
Guidelines on the most typical way of administering merit increments.

Logistics And Supply Chain Management Compensation Survey 2001
Here is some salary information for senior jobs in logistics and supply chain management.

Market Adjustment Alternatives: Approaches To Adjusting Pay For Critical Skills
The need to pay for critical skills in short supply can put pressure on the internal equity of pay systems. Here are some alternatives.

Projected US Salary Increases For 2002
Employers currently plan to grant raises of just over 4% in 2001 and 2002 - the same as they have given for the last seven years - but, economic performance in the third and fourth quarters may cause some to rethink their compensation plans as the year unfolds.

Understanding Salary Survey Data
-A very helpful look at how salary surveys are really put together. Recommended reading for any compensation professional.

Salary Doesn''t Have to Be Your Selling Point
-The ''big bucks'' make a good recruiting tool, but some companies either don''t have the money or don''t believe it''s good business to base their efforts on offering large starting salaries.

Company Reputation Is More Important Than A Higher Salary
-A survey shows that a company´s reputation is more important than its pay policy.

Some U.S. Employers Plan To Grant Smaller Raises In 2002
-After projecting "business as usual" 2002 pay increases earlier this year, some employers now are responding to the current economic situation by trimming, freezing, or delaying pay increases, a new survey finds.

Pay Increases Worldwide Continue To Outpace Inflation, Boosting Workers'' Buying Power
-While the slowdown in the US has had a far-reaching effect on next year´s global economic outlook, 2002 projected pay increases in most countries still are 2% or more above the projected rates of inflation, a new report shows.

Call Center Compensation Information
-As US firms increasingly turn to call centers, new compensation approaches and information are needed to help these business operations succeed.

Rapid Rise Of I.T. Pay Tapers Off
-A large share of companies are turning to outsourcing and contracting to meet their technology service and support needs. (2001)

Where You Live Affects How Much You Are Paid, A New Study Shows
-Geographic differences in pay create a management challenge for employers

Mercer Survey Highlights Pay Levels, Trends For Pharmacy Personnel
-Pay for pharmacists varies significantly by metropolitan area.

Avoid Salary Reduction Snafus
-If the faltering economy has you considering salary and benefit reductions, take heed.

Marriage And Pay: A Double-Edged Sword
-According to a recent study, marriage lessens the wage gap between white and black workers but doesn''t appear to affect the pay disparity between men and women.

Biggest Challenge for 2004 Is Structuring Pay Plans
-73% of experts say meeting demand for increased shareholder scrutiny is top exec pay concern.

Many US Employers Trim 2004 Pay Increase Budgets
-Some adjustments are the result of rising health care and pension costs.

Pay Expected To Outpace Inflation In Most Countries This Year
-Mercer report studies economic, employment, and pay trends globally.

Salaries For Similar Jobs Vary Significantly Across The US
-Broad pay differences create a challenge for employers.

Salary Levels Linked To Where You Live, A New Study Shows
-Geographic differences in pay create a management challenge for employers.

Pay Levels for Pharmacy Personnel on the Iincrease, Survey Shows
-Pay for pharmacists continues to vary considerably by geographic location.

Jobs Numbers, PMI Index Bode Well For Second Quarter
Huether Says Fed Should Consider Modest Wage Growth Before Making Next Rate Hike

Are You Ready for the Minimum Wage Backlash?
If Â a job was worth three dollars an hour more than the minimum wage in April, isn´t it worth three dollars more than the minimum wage in May? What´s your answer? From the McKenzie Mailer.

Tennessee Bill Seeks to Turn Back the Clock on Overtime Regulations
A bulletin from the attorneys at Waller Lansden, designed to keep you up to date on key developments in wage and hour law,Â by AndyÂ Naylor, Larry Bridgesmith, Paula Walker and Scott Schweiger.

Base Pay Main

Negative Effects of Minimum Wage Hikes Fall Disproportionately on the Low-Skilled
New Survey: Majority of Labor Economists Believe Minimum Wage Hikes Cause Unemployment

New York Organizations Search for Employees in 2007
The competition for top performers is heating up as 96.6 percent of organizations are actively recruiting, according to the results from the 2007 Compensation Data - New York survey of 211 employers. Voluntary turnover is at 10.7 percent for all industries in the state, while total turnover is 16.4 percent.