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A Comprehensive Guide to Long-Term Incentive PlansĀ 

HRsoft

In the past five years, companies have been rapidly reforming their incentive policies to promote employee compensation packages being paid out over multiple years. This company policy is part of a deferred compensation strategy important to retain valued talent and maximize shareholder value. What Is LTIP? How Does LTIP Work?

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What the NLRBā€™s New Rule on Joint Employer Status Means for Employers

Recruiting Daily Advisor

Joint employment is a concept whereby an entity, other than an employeeā€™s actual employer, can be held liable as an employer because it exercises a certain degree of control over another entityā€™s formal employee. Joint employer status is met so long as one of the essential terms and conditions of employment is present.

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NLRBā€™s Latest Rule Means Big Changes Ahead on Joint Employment Front

Recruiting Daily Advisor

That rule said an employer could be in a joint employment relationship with a different employerā€™s employees only if it exercised direct control over those employeesā€™ essential terms of employment. The Boardā€™s new rule, issued October 26, replaces a rule issued in 2020 by the Trump administrationā€™s Board.

Exercises 118
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Youā€™re Getting a Raise! DOL Again Looks to Hike FLSA Salary Threshold

Recruiting Daily Advisor

The DOL also signaled its intent to revisit the salary threshold for the highly compensated employee exemption, currently set at $107,432. The distinction between exempt employees ( not entitled to overtime pay) and nonexempt employees (eligible for the extra compensation) is often oversimplified or misunderstood.

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Mental Health in the Workplace

Recruiting Daily Advisor

These include access to counseling services, mental health days off, and apps that offer guided meditation and mindfulness exercises. Challenges and Considerations While these initiatives are promising, they also present challenges, such as ensuring confidentiality and providing adequate support without overwhelming resources.

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5 Benefits to Include in Your Employment Package

Recruiting Daily Advisor

Advertising student loan repayment assistance options in job listings is also a strategic way to reel in recent college graduates and entry-level employees because youā€™re promising them additional (and sometimes critical) financial compensation beyond their base salaries.

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7 Things Gen Z Workers Value Most

Recruiting Daily Advisor

Adequate Financial Compensation and Pay Transparency Offering fair and equal pay is crucial for attracting and retaining talent across all generations. However, for Gen Z knowledge workers, fair compensation goes beyond a mere compensation number. The 7 Factors important to Gen Z: 1.