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Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?

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This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

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May 16, 2011
Employers Focus on Attracting, Retaining Top Talent

As the econcomy recovers, employers are gaining confidence. Pay freezes are thawing and median pay increases are expected to rise to three percent this year, up from 2.7 percent in mid-2010 and 2.2 percent at the beginning of 2010. As a result, employers are turning their efforts towards implementing effective attraction and retention strategies.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

A recent Buck Consultants survey, “Reviving and Inspiring the Workforce: 2011 Compensation Trends Survey,” found that a majority of employers (63%) are using hiring bonuses. The report also suggests that roughly 40 organizations offer, or plan to offer, retention bonuses.

Other strategies aimed at reducing turnover include:

  • New career development opportunities (41%)
  • Market pay adjustments (30%)
  • Larger base pay increases (24%)
  • More non-cash recognition (18%)


Buck Consultants

Featured Special Report:
Top 100 FLSA Overtime Q&As
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