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Performance-Based Raises vs. Market-Based Raises
Q: Our senior leadership team wants to focus on compensation this quarter. Currently, our raises and bonuses are tied to performance. Can you help me to understand the HR best practices for performance-based raises vs. market-based raises? A: It sounds like your...
Upcoming Minimum Wage Increases in New York
Many employers are doing their 2017 budget planning now, and something many businesses will need to take into account are the upcoming minimum wage increases in New York which take effect on December 31 of this year. New York’s minimum wage schedule is segmented...
Wage Theft Prevention Act Notices for Re-Classified Employees
With the upcoming implementation of the new FLSA overtime rules on December 1st of 2016, many employers will be changing some employees’ status from exempt to non-exempt to comply with the change in minimum salary threshold. Among other things to consider when...
