Moscow is the world's most expensive city for expatriate employees for the second consecutive year, according to the latest Cost of Living Survey from Mercer Human Resource Consulting.
Alain Kaloyeros, vice president and chief administrative officer at the College of Nanoscale science and Engineering and an expert in the field of nanotechnology, became the highest paid employee after the State University of New York (SUNY) chancellor approved a $142,000 per year raise, bringing his annual salary to $666,995, the Associated Press reports.
Business & Legal Reports, Inc. (BLR) has launched SalarySearch.com, a new free online service that allows employees and employers to look up salary information for a job.
Americans with hearing loss make less money than people with normal hearing, but the use of hearing aids mitigates the effects of hearing loss on income, according to a study released by the Better Hearing Institute (BHI).
Speaking at WorldatWork's 2007 Total Rewards Conference in Orlando this week, William H. Ferguson said a company's pay strategy should be a function of a combination of factors, including the company's profit model, the supply of labor, the power of its "brand," and its position in the labor market. Most companies end up using two factors: Labor supply and geography.
WorldatWork recently surveyed its members on what they consider to be the top three issues facing them in 2007. According to Ryan Johnson, Director of Public Affairs, 38% of respondents cited retaining a productive workforce followed by recruiting and hiring, and the disclosure of executive compensation. These priorities were reflected in the presentations offered at WorldatWork's 2007 Total Rewards Conference in Orlando this week.
Compensation planners have another tool for identifying executive compensation issues, courtesy of WorldatWork, an association of HR professionals focused on attracting, motivating, and retaining employees.
WorldatWork kicked off its 2007 Total Rewards Conference at Walt Disney World in Orlando, Florida on Sunday, May 6, 2007 with an opening reception for the more than 1,600 registered attendees. The conference includes keynote addresses, breakout sessions, and an exhibition with 160 HR vendors showing their latest wares.
The best-paid HR directors can be found in the United States, where the average base pay for the position is $190,000 per year, according to a study of 15 countries by Mercer Human Resource Consulting.
