Creative Job Titles: Beneficial or Confusing?

by Linda Cox 6. August 2018 10:26
The requests to create new and specialized job titles are never ending. Today’s era of title inflation, new technologies, and hot skills places increased demands for new and creative job titling. Executive job titles are even becoming trendy and vague. Hot new skills are rapidly placing increased demand on compensation and new job families. These challenges may even result in new job titles, while others will not. But there is a balance between the creation of new and different job titles and the demand for these jobs and hot skill sets. The management of job titles is an important component in the attainment of market competitiveness, internal equity, and even pay equity throughout an organization. [More]

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Common Compensation Terms & Formulas

by Linda Cox 5. July 2018 08:00
ERI Economic Research Institute is pleased to provide a glossary of commonly used compensation terms and formulas for your ongoing reference. The following is a sample of terms and formulas related to the topic of Salary Range, with an index of the complete reference provided below. [More]

Cost-of-Living Differentials for Top Expat Locations

by Marillyn Tefft, Senior Researcher 11. June 2018 09:37
The recent HSBC Expat Explorer Survey provides a ranking on locations for expat job opportunities. The over 27,000 participants chose San Francisco, London, New York City, Dublin, and Birmingham, UK, as the top five cities. The ranking in the survey was based on work/life balance, cost-of-living, and salary. In order to consider the merits of each location, a Top Talent expat will need to fully examine the cost-of-living differentials between his or her Base (home) location and these Destination cities. On the hiring side, Human Resource professionals must be prepared to provide these highly-sought-after candidates with granular details on the cost-of-living as part of a competitive offer. As shown below, ERI's Relocation Assessor can provide comprehensive, defensible, and reliable estimates to meet this need. [More]

Another Attempt at Mandatory Form 990 Electronic Filing

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 23. April 2018 10:32
The U.S. House Ways and Means Committee has released a discussion draft of a bipartisan bill that includes mandatory Form 990 e-filing. Sponsored by Oversight Subcommittee Chairman Lynn Jenkins (R-KS) and Ranking Member John Lewis (D-GA), this is part of a larger IRS reform effort. [More]

Are You FLSA Compliant in Your State?

by Lyle Leritz, Ph.D. 30. March 2018 10:13
In 2016, the Department of Labor published its final rule regarding changes to the Fair Labor Standards Act (FLSA) which dictates federal overtime wage laws. Of note was a significant change to the minimum salary threshold required to classify an employee as exempt from overtime laws. However, a United States District judge imposed an injunction that stopped the rule's enforcement from going into effect, and, as of 2018, there do not appear to be any efforts to revive the proposed changes. [More]

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