Bonuses bestowed on workers as an end-of-year holiday gift are becoming scarcer, while variable pay plans that tie payouts to meeting individual and organizational goals, usually paid in the first quarter of the new year, have become more popular. That said, the smaller pool of employers that continue to give out holiday bonuses are, on average, being more generous compared with employers that gave out holiday bonuses in previous years, according to new survey findings.
Variable Pay Plans Are Pushing Aside Holiday Bonuses
Milwaukee Area Employment Law Attorney: 200 South Executive Drive, Suite 101 Brookfield, WI 53005 Phone: 262-241-8444
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IRS Sets New Fees for Correcting Retirement Plan Errors
Janet L. Heins|Benefits Compliance, Critical Evaluation, Defined Contribution Plans, News, Benefits, Compensation, Equal Pay, Pay
For 2018, the IRS altered the fees it charges retirement plan sponsors when they use the Voluntary Correction Program...
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Detention Center Lieutenant Exempt from Overtime
Janet L. Heins|Decision-Making, News, Overtime Eligibility and Exemptions, Benefits, Compensation, Equal Pay, Pay
A lieutenant at a New Mexico detention center who was paid a salary and directed inmate programs could not...
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Trump Nominates Pharma Exec Alex Azar as Next HHS Secretary
Janet L. Heins|Health Care Benefits, Leadership and Navigation, News, Benefits, Compensation, Equal Pay, Pay
President Donald Trump has nominated former pharmaceutical firm executive Alex Azar as the next secretary of Health and Human...
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IRS Issues Transition Rule for HSA-Incompatible Vasectomies
Janet L. Heins|Benefits Compliance, Health Savings Accounts (HSAs), News, Relationship Management, Benefits, Compensation, Equal Pay, Pay
State laws requiring insurers to fully pay for male sterilization were poised to render health plans in those states...
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Will Corporate Tax Cuts Result in Higher Wages for U.S. Workers?
Janet L. Heins|Compensation Strategy and Planning, Economic Trend Analysis, News, Benefits, Compensation, Equal Pay, Pay
Will Corporate Tax Cuts Result in Higher Wages for U.S. Workers? Two experts debate the issue.
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Paychecks in Bitcoin: Fad or Trend?
Janet L. Heins|Decision-Making, Minimum Wage, News, Benefits, Compensation, Equal Pay, Pay
Is bitcoin, a digital currency, becoming accepted as a form of compensation?
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Report: 'Manager Divide' Widens Women's Wage Gap
Janet L. Heins|News, Pay Equity, Benefits, Compensation, Equal Pay, Pay
The wage gap for women age 40 and younger grew by 17 percent in 2017. Part of the reason...
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H.E.L.P. – Heins Employment Law Practice Employee Rights Attorneys
200 South Executive Drive, Suite 101
Brookfield, WI 53005
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