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Are Your Variable Pay Practices Factoring into the Gender Pay Gap?
Pay equity isn't just a matter of "fairness" and doing the right thing—it's also a compliance issue and a business issue. A number of states—including California, Massachusetts, Maryland, and New York—have laws prohibiting pay disparity based on gender, and more states are likely to follow.
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How Employee Incentive Programs Can Benefit from Behavioral Economics
When James Brewer stepped into his role as U.S. Director of Reward and Recognition at pharmaceutical company Eli Lilly in 2011, it was going through a transformation. He was tasked with coming up with a new incentive plan for employees—particularly its sales reps—that aligned with the company's new corporate strategy, Brewer explained to an audience at WorldatWork's Total Rewards 2017 conference in Washington D.C. Monday. In other words, he needed to be able to motivate and engage employees in a way that made fit with the company's new direction—that was now both customer and team-focused.
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Recognition and Rewards Best Practice: Tie Your Program to Company Culture
A positive employee experience makes people both less likely to leave their current job and more likely to go the extra mile for their employers. And recognition and rewards programs are certainly one way to create a better work environment. What are the most effective practices for employers who are thinking of rolling out or revamping their program?
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What's the Outlook for the DOL Overtime Rules and the AHCA?
What's the future for the U.S. Department of Labor's (DOL's) overtime rule? And now that the American Health Care Act (AHCA) has passed in the U.S. House of Representatives, what should we expect from the U.S. Senate? Melissa Sharp Murdock, Esq., Director, External Affairs for WorldatWork discussed these questions Tuesday at the WorldatWork Total Rewards 2017 conference in Washington D.C.
