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  • Introducing the Spring 2013 Software Release

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    Laleh Hassibi, PayScale

    PayScale’s Spring 2013 software release includes several updates that improve user experience and provide advanced analytics unavailable anywhere else. To follow are the highlights from PayScale’s Spring 2013 release. 

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  • CFO Corner: Say on Pay Campaigning and the 97% Rule

    Dan Walter, Performensation

    It’s proxy season and Say on Pay is once again on the minds of anyone involved in executive compensation. As of this past week, about 170 companies have reported their results and less than 2% have failed. When we are at the end of this season, it looks like it will be somewhere south of 3% failures, about where we were the past two years. Let’s start with the positive, what I like to call the 97% rule. 97 out of every 100 companies have executive compensation practices that meet or exceed the desires of their shareholders.

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  • The DOs and DONT's of Cutting Compensation Costs

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    Jessica Miller-Merrell, blogging4jobs

    Our economy has come a long way in the last couple of years. Things are definitely looking up, but some companies are still feeling the pain. If you're experiencing the pressure to cut costs, you're not alone. The recent sequestering on the federal budget is the perfect example of making difficult decisions to make ends meet. When those tough decisions need to be made, chances are, you're the one your company turns to.

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  • Pricing to the Employee vs. Pricing to the Job

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    Mykkah Herner, MA, CCP, PayScale

    As an employee, I’m often concerned with my own value and therefore worth to the organization. As a manager, I was often trying to determine the value of each job to the organization. Now as a comp professional, I focus on a little bit of both: the value of the job itself, but also the value of the employee to the organization.

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  • Michelle Obama Says to Hire a U.S. Veteran

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    Laleh Hassibi, PayScale

    U.S. First Lady Michelle Obama urged companies to hire more veterans last week. The unemployment rate of those who served in Iraq and Afghanistan is nearly two points higher than the national average, at 9.4 percent. While it’s admirable to hire veterans for emotional reasons, there’s another really good reason to hire a veteran — their skills.

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  • CFO Corner: Is Your Economic Glass Half-full or Half-empty?

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    Evan Rodd, PayScale

    PayScale’s 2013 Compensation Best Practices Report showed some of the most positive figures we’ve seen in some time. Wages are up across the board for companies of all sizes, and many organizations are beginning to hire for various positions — news which is undoubtedly exciting for job seekers. Those who are currently employed were also given a reason to smile, as 85 percent of companies expect to issue raises in the coming months.

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  • 8 New FMLA Changes You Need to Know

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    Jessica Miller-Merrell, blogging4jobs

    Several new changes to the Family Medical Leave Act went into effect last week on March 8. The most pertinent is the requirement to post the updated FMLA poster, which informs employees of the updated FMLA rules. There are also several forms that have been updated and are available on the Department of Labor website. 

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  • Equity Compensation – Restricted Stock Units (RSUs), Downside Protection with a Couple Downsides

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    Dan Walter, Performensation

    Last month I covered Restricted Stock Shares (RSS), today’s post covers Restricted Stock Units (RSUs). Where RSS and Stock Options are cousins, RSS and RSUs are siblings. RSS is the older sibling, with more years and experience under its belt. RSUs are the new little sister who came by surprise and often gets more attention than seems to be required. RSUs were seldom used before they shot into the spotlight following the Dotcom crash of 1999-2000. Initially, they were used to replace underwater stock options and slow the use of plan shares approved by shareholders. They provided some protection against a decrease in stock price and used somewhere between 25-50% of the shares require to provide the same value as stock options. They quickly became a major component of the equity compensation toolbox.

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  • Benefit Considerations for an Aging Workforce

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    Jessica Miller-Merrell, blogging4jobs

    An aging workforce can have an affect on many aspects of your business but your benefits package may be the most significant. Older employees have unique needs and preferences, which means that there may be special considerations as our workforce ages.

    Since the average age of retirement has increased by four years in the last decade and is expected to continue to rise, it’s time to start making room for a seasoned workforce as we make benefit decisions. Read below to learn about three major considerations.

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  • Offering Guidance to Federal Contractors, Post Rescission

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    Mykkah Herner, MA, CCP, Compensation Consultant PayScale

    Stephanie R Thomas ends her blog post, “Gone With The Wind (Your Guidance, That Is),” with a challenge: “How will you prepare?” She aptly points out that the rescission of the “Compensation Standards” and “Voluntary Guidelines” by the Office of Federal Contract Compliance Programs (OFCCP) leaves federal contractors with less guidance about how to comply with non-discrimination requirements outlined in Title VII. I’d like to take a moment to offer some suggestions.

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  • 5 For Friday: Remote Workforce

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    Laleh Hassibi, PayScale

    Everyone has been talking about the business pros and cons of telecommuting this week after Yahoo's big announcement that they are pulling the rug out from under their work-from-home agreements. Is Yahoo's move to get workers back in the office a sign of a shift? Here are some of this week's most interesting views on the subject.

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