Tag: employee

What Are the Critical Issues Concerning Total Employee Compensation?

Posted on May 22, 2017

What Are the Critical Issues Concerning Total Employee Compensation?

      Total employee compensation is the sum of all rewards, compensation, and benefits, both direct and indirect enjoyed by the employee. The critical issues concerning total employee compensation are establishing a base compensation package, differentiating between costs to the company and employee pay, inclusion of variable pay components, and legal compliance.

    Base Compensation Package

    The primary issue concerning total employee compensation is developing base compensation. (more…)

Tips on How to Tell an Employee: No Bonus This Year

Posted on February 20, 2017

Tips on How to Tell an Employee: No Bonus This Year

    The Griswold Scenario

      In the movie, National Lampoons Christmas Vacation, Clark Griswold awaits his annual Christmas bonushis plans for the bonus are biga new swimming pool in the backyard! Clarks boss, Frank Shirley has a different plan for bonuses, however: a years subscription to a jelly-of-the-month club.

    Times are tough for small business owners and very often they seek ways on how to tell an employee, No bonus this year,” and thats difficult for both the employer and their employees.

    In the Christmas Vacation Movie, the boss (Shirley) is kidnapped with hopes hell cough up a bonus much as he did in other years.

    As an employer this would be the extreme where your employees kidnapped you demanding an annual bonus, but what if you cant afford them this year?

    Discuss the Situation

    Clark Griswolds boss’s solution to denying annual bonuses was simply not telling the employees and thats never a good idea. (more…)

Jury Duty & Voting: What Are an Employer’s Obligations?

Posted on February 16, 2017

    Jury duty and voting are at the core of civic duty. While many place varying values upon jury duty, and voting is completely optional, there are certain responsibilities and obligations that you as an employer must adhere to when or if an individual on your payroll gets the call to serve on a jury. There are also rights that pertain to the employee in terms of voting, even though voting is completely optional.

    The Call of the Gavel

    If an employee receives a call for jury duty, federal law requires that you as an employer must provide the employee time to fulfill his or   her civic responsibility. (more…)