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Compensation Ezine
 
 
Chief Financial Officers Earning More
Top and Bottom 5 Jobs for Gender Equity
Is It Work to Tote a Briefcase To and From?
Poll: Small Minority Impacted by New Minimum Wage
Top 10 Compensation Stories
HR Challenge®: Tipped Employees and Minimum Wage
Compensation Hot Topic: 4/10 Workweek
Compensation Q&A
Odd Jobs
Featured Article:
Annuity Payments in a 401(k) Plan? Take Them for a Test Drive
Also:
Tool of the Week
Featured Resources
Poll:
Fair pay where you work?
Last Week's Poll:
Layoffs loom for some, have already hit for others...

What Are My Competitors Paying for This Job?
Find out (and get a free special report!) by trying BLR's all-in-one website for comp and benefits information, Compensation.BLR.com.

The site brings you salary information on thousands of jobs, localized by industry, state, and company size. Find the situation most like your own and you'll know what to pay, and what benefits to offer, as well.

Click for more info, or to start a free trial and get your free special report!




Chief Financial Officers Earning More
A recent analysis of compensation trends for Chief Financial Officers (CFOs) found that pay continues to climb for these corporate financial leaders. The study covered 313 CFOs who had been in their roles at S&P 500 firms for at least 2 years. The pay for the group increased, on average, by 5.2% from 2006 to 2007.
Read on ...

Top and Bottom 5 Jobs for Gender Equity
Bizjournals recently ranked 112 major occupational groups to determine which jobs employed men and women "in roughly equal numbers and at comparable pay levels." Their study revealed striking differences among occupations in terms of gender equity.
Read on ...

This Week's Poll
Do you believe that women are paid fairly in your organization?
Vote here ...

Last Week's Poll
More than one-third of you report that your company has conducted layoffs this year or is likely to do so before year-end.
View results ...

Tool of the Week
NEW! 2008 Turnover Rate Calculator
[Trial or subscription to Compensation.BLR.com required.]

Everything HR ... at the Click of a Mouse!
It's HR.BLR.com, our all-inclusive HR web service! Help with 200 topics, 750 prewritten job descriptions, white papers, news, state law, salary data. Plus many new features have just been added. Get a Free Special Report just for trying it.

Click for more info, or to start a free trial and get your free special report!



Is It Work to Tote a Briefcase To and From?
The obvious answer is that it depends on how heavy the briefcase is--and on whose definition of work prevails. A group of New York City fire alarm inspectors charged that because they are required to carry paperwork weighing between 15 and 20 pounds during their daily commutes, the commutes are work time for which they should be paid.
Read on ...

Poll: Small Minority Impacted by New Minimum Wage
On July 24, 2008, the federal minimum wage rises from $5.85 per hour to $6.55 per hour. But most employers won't be directly impacted by the change, according to a recent Compensation.BLR.com poll.
Read on ...

Top 10 Compensation Stories
The following 10 articles are the most popular among Compensation.BLR.com readers in the last 90 days.
Read on ...

Featured Article
Annuity Payments in a 401(k) Plan? Take Them for a Test Drive
J. Mark Iwry of The Brookings Institution likes the idea of personal freedom offered by the 401(k) plan. At the same time, he believes that many people faced with a large account balance at retirement are taking the wrong course when they choose to take their entire account balance in a lump-sum distribution. The problem, he says, is for an individual to determine without guidance how much of the balance can be used each year with a reasonable expectation that the money will last a lifetime.
Read on ...
[Trial or subscription to Compensation.BLR.com required.]

Compensation Q&A
Questions from our Ask the Experts archives

What are salary points, and how do you determine salary points?

Get the answer...

HR Challenge®: Tipped Employees and Minimum Wage
Those employees who receive more than $30 per month in tips, and work in a job where tipping is customary, are considered tipped employees. Although tipped employees are entitled to minimum wage, employers are allowed to pay tipped employees a cash wage of $2.13 and take a "tip credit" provided that the balance of the minimum wage is made up in the form of tips. When the federal minimum wage rises on July 24, 2008, what will the maximum tip credit be under federal law?
Take the quiz ...

Compensation Hot Topic: 4/10 Workweek
An HR Forum subscriber's organization wants to implement a 4-day/10-hour workweek (vs. a 5-day/8-hour week). The subscriber is asking for feedback regarding how such a change would impact holiday and vacation pay policies and practices.
Join the discussion ...

Odd Jobs
Job Title: Yarn Twister
National Average Salary: $12.60 per hour (June 2005 data)


I live with one of these! They're also known as "kittens"!

Actually, the twisting of yarn these workers do isn't around themselves. They tend machines to twist together two or more strands of yarn or to insert additional twist into single strand of yarn to increase strength, smoothness, and uniformity of the yarn.
Source: Bureau of Labor Statistics

Need job descriptions or salary data for jobs at your company? We've got hundreds available at Compensation.BLR.com.

Featured HR And Compensation Resources
Compensation.BLR.com
Are you overpaying your employees? Find out at lightning speed on this comprehensive database of state- and industry-specific salary and benefits benchmarking data for hundreds of jobs, plus a library of FLSA and other legal guidance, best practices, white papers, and comp and benefits news, updated daily. 14-Day Trial!

Employee Compensation in [Your State]
Arranged alphabetically by topic, this comprehensive resource explains in plain-English all key state and federal wage and hour laws--from minimum wage to overtime classification.

HR Audit Checklists
Pilots depend on checklists. So should you! Detailed, reproducible lists on EEO, job descriptions, recordkeeping, hiring, benefits, and requirements of all key HR laws to run through before you or your managers take a major step. Don't let one slip-up damage your career.

SmartPolicies on CD-ROM
Create the most-needed HR policies at about $1 each. Prewritten, legally reviewed, ready-to-use on a CD-ROM. Boot up, include your specifics, print. You're done! Policies for attendance, harassment, compensation, discipline, and many more.

FLSA Self-Audit Guide
Are all your jobs classified properly for the new FLSA overtime regulations? Discover wage & hour problems before the government does. Easy to use, can pay for itself many times over because of the trouble it avoids.



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Copyright 2008 Business & Legal Reports, Inc. All rights reserved.
July 16, 2008
Who wants a 4-day workweek?

To save money in the face of high energy costs and to provide a better work/life balance for employees, among other reasons, a number of employers are considering the possibility of switching from a 5-day/8-hour operation to a 4-day/ 10-hour workweek. In this week's Compensation Hot Topic, an HR Forum subscriber asks his colleagues how such a switch might impact pay practices for vacations and holidays.

Meanwhile, a 2008 Turnover Rate Calculator is now available on our compensation site! It's this week's Tool of the Week.
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