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	Base Pay Increases Remain Steady in 2007, Mercer Survey Finds

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Blogs / Tags / Compensation Trends

Effective January 1, 2008, a new California law (AB 650) requires that employers with employees covered under California Unemployment Insurance Code provide all such employees a special notice of their possible eligibility to take advantage of the fe... More...

While CEOs have frequently come under fire for not acting in the interest of shareholders, this year's study of top executive compensation by The Conference Board finds that CEOs of the largest companies actually have a substantial amount of "skin in... More...

The Conference Board Consumer Confidence Index, which had been declining since the summer, posted a slight increase in December. The Index now stands at 88.6 (1985=100), up from 87.8 in November. The Present Situation Index, however, decreased to 108... More...

Global salaries are expected to rise by an average of 6% in 2008 - 1.9% above inflation - according to a study by Mercer. The study of 62 countries worldwide shows a strong correlation between 2008 forecasted inflation and forecasted average pay incr... More...

About 73 million U.S. households now have discretionary income, up from about 57 million in 2002, according to a report by The Conference Board. The percent of the U.S. population with discretionary income has increased to nearly 64 percent, up from ... More...

Most managers gravitate to "sameness" because it's easier. Whether it's hourly pay or a fixed salary, when employees are paid according to a set system, the manager doesn't have to make and justify difficult decisions, or stay engaged with every empl... More...

People who apologize more earn higher salaries. That is the finding of a study done by Zogby International. Zogby was asked by their client, The Pearl Outlet, to find out more about customers who were buying pearls as a way of apologizing. Apparently... More...

Six of the world's 10 highest-paying countries for information technology (IT) managers are in Western Europe, according to a new survey by Mercer. Switzerland pays the highest salaries followed by Denmark, Belgium and the UK. The United States and C... More...

Wages in Singapore are expected to rise by an average of 4.3% this year, an increase over last year's rise of 3.9%. Industries with the highest projected increases are broadcasting (4.6%), health care (4.5%), and the property sector (4.4%). HR manag... More...

Despite the strengthening economy and growing job market, salary increases will remain steady in 2007. According to the 2007/2008 US Compensation Planning Survey from Mercer Human Resource Consulting, US employers plan to award average pay increases ... More...

Led by future Hall of Famers Bob Gibson, Lou Brock and Steve Carlton, the 1968 St. Louis Cardinals fell a single game short of defending the world championship the team won the previous year.Those Cardinals were noteworthy for another reason - they w... More...

On May 25th, 2007, President Bush signed an Iraq funding bill that included the first federal minimum wage increase in nearly ten years. The bill increases the minimum wage in three increments to $7.25 by Summer of 2009. The first increase takes effe... More...

In the first ever study of its kind, WorldatWork has released the results of the Census of the Total Rewards Profession, a survey of over 3,800 compensation, benefits and human resource professionals in the U.S. As the name of the study implies, the ... More...

Once considered simply a "good idea," paid time-off (PTO) programs have quickly become a valuable benefit for many employers. The explanation is simple: PTO programs reduce employees' inappropriate use of sick days. They also enhance an org... More...

One of the more interesting phenomenons of the internet age for me is the concept of communication or just what constitutes communication. As an early baby boomer when I say that I talked with Joe this morning I mean that I was either in Joe’s... More...

The drive for responsible executive pay continues to gain traction as new proxy rules require companies to disclose the value of compensation, benefits and perquisites. While the median change in CEO total direct compensation (salary, bonus and long... More...

We believe it is time to become a “best high-performance place to work.” Are seeking to become a total rewards organization and receiving a designation from Fortune or Working Woman as a Best Place to Work compatible organizational goals?... More...

Outsourcing trends and continued growth in emerging markets, combined with increased globalization have changed the cultural makeup of the average workforce. In 2004, multinational companies based in the United States employed 8.3 million people abro... More...

Globally, salaries are expected to outpace inflation by 1.9 percentage points on average Highest salary rises are expected in Venezuela; lowest are forecast in Germany Greatest salary increases after inflation are likely to be in Latv... More...

Why Project Accounting? The era of manufacturing and farming is giving way to one of knowledge work. This is old news in the U.S. but, in our lifetime, the changes that the developed world are undergoing will be visited on the vast majority of human... More...

In May 2006, the US Congress passed a law which significantly increased the level of US income tax payable by many American expatriates. However, a notice from the Internal Revenue Service issued in October 2006 has made some modifications to th... More...

John hadn't realized exactly how underpaid he was until he decided to pursue a terrific sounding job and he didn't get it. The recruiter later shared with John that the recruiter believed he was qualified, but the hiring manager thought differently w... More...

Globally, salaries are predicted to rise by an average of 5.9% next years, 1.9 percentage points above the projected average rate of inflation, according to new research from Mercer Human Resource Consulting. However, these aggregate numbers belie th... More...

On July 22, 2006, the Chinese government announced it would raise salaries or pensions of 120 million people this year. This includes six million employees of central and local governmental bodies, 30 million employees of public institutions, 5... More...

Base pay is the largest single element of human resource cost. Getting the most out of expenditures on base pay is or should be a priority. Most organizations state in their human resource policy manual or employee handbook that they pay for performa... More...

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News

Special Earned Income Tax Credit Notices Must Be Sent to California Employees Beginning January 2008

CEOs Have a Lot of Financial Interest in Common With Their Shareholders

The Conference Board Consumer Confidence Index Improves Moderately in December

2008 Worldwide Pay Survey

More Americans Have Discretionary Income

Do More for Some People and Less for Others

Apologizing Related to Higher Pay

IT Pay around the World Survey 2007 – Country Rankings

Wages in Singapore to Rise 4.3% This Year

Base Pay Increases Remain Steady in 2007, Mercer Survey Finds

Full Disclosure Leading to Full Executive Salaries

U.S. Federal Minimum Wage Increase

New Study Shows Highly Educated, Certified, Business People Lead Total Rewards Professions

Using PTO Programs to Improve the Health of the Organization

Compensation in the Internet Age

Mercer Issues Annual Study of CEO Compensation at Large US Firms

Total Rewards and Best High-Performance Place to Work

The New Global Workforce: Catering to global generational differences

2007 Worldwide Pay Survey

How To Increase Profitability With Project Accounting

New US Tax Rules Reduce Burden for Some Expatriates

Salary Negotiation Dos And Don'ts

Compensation Planning for 2007: A Global Perspective

China to Broadly Increase Public-Sector Compensation

Can Base Pay Reward Performance?