This week, the Compensation Daily Advisor discussed market pricing, “regular rate”, and bad bosses. Here’s the Compensation Daily Advisor week in review.
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Seven Steps to Meaningful Market Pricing—Here are consultant Michael Strand’s first four steps for meaningful market pricing, starting with identifying positions.
Meet, Lead, or Lag the Market?—Here are the remainder of consultant Michael Strand’s seven, including choosing your rate and calculating your range.
Can You Pay at Different Hourly Rates? (Sure, but …)—This article discusses types of compensation that must be included in the “regular rate” and the subsequent recalculation of overtime that must be done.
What Can You Exclude from the 'Regular Rate'?—Here are the five types of compensation that generally do not have to be included in when calculating the “regular rate” of pay.
Don’t Be An %#*hole!—A colleague recently suggested I read the book, The No Asshole Rule: Building a Civilized Workplace and Surviving One That Isn’t ., says business and leadership blogger Dan Oswald. Maybe I should have asked what his motives were in suggesting that I read this particular book. I didn’t. Some things you just don’t want to know!
BLR’s Compensation Daily Advisor is a free daily source of Compensation tips, news, and advice.