In our November HRMM article we offered fifteen questions that your organization’s senior leadership team should periodically review about its compensation strategy and the related plans, policies and practices. In this month’s article, we’ll discuss Trinity’s beliefs about the first…
HR Management Matters Archives
SPECIAL HUMAN RESOURCES MANAGEMENT MATTERS ARTICLE: “2019 YEAR-END/2020 PAY INCREASES”
For those of you finalizing 2019 year-end/2020 pay increases and bonuses, this article is definitely for you. Performance-based pay increases are projected to be 3.2 to 3.3%. This is up only slightly from last year’s 3.1%. However, when looking at…
Posted in Compensation & Performance Management
“WHAT ARE THE SIGNS YOU DO NOT NEED COMPENSATION CONSULTING HELP?”
This is the time of the year that most organizations have completed or are in the midst of doing their business’ strategic planning process. One of the aspects of this process that is often overlooked is the following question: …
Posted in Compensation & Performance Management
IMPORTANT CHANGES TO OVERTIME PAY REGULATIONS
BACKGROUND On September 24th, 2019 the U.S. Department of Labor (DOL) issued its long-awaited changes to the overtime regulations of the Fair Labor Standards Act (FLSA—and sometimes referred to as the Wage & Hour Act). The FLSA establishes regulations related…
Posted in HR Legal & Compliance
LANDMARK ANTI-WAGE THEFT LAW
New Jersey’s recently passed Wage Theft Act (“WTA”) somewhat flew under the radar. However, it will likely have seismic repercussions for employers operating in New Jersey, and because it is arguably the toughest legislation of this type in the U.S.,…
Posted in HR Legal & Compliance
PEOPLE MANAGEMENT, PART 3
In Part 2, we likened supervisors and managers to shepherds during the agricultural period of the world. Shepherds had the important responsibility of watching over a flock of sheep, which had great value. Likewise, our supervisors and managers have the…
Posted in Strategy, Management & Leadership
PEOPLE MANAGEMENT, PART 2
In Part 1, we discussed: 1) The keys to organizational success typically can be found in the three Ps: People Processes Products/Services 2) People are sometimes hard to manage, but we have to be skilled at it In the agricultural…
Posted in Strategy, Management & Leadership
PEOPLE MANAGEMENT, PART 1
ORGANIZATIONAL SUCCESS The keys to organizational success typically can be found in the three Ps: People Processes Products/Services An organization can be successful success without exceling at all three. But to optimize its success, an organization needs to excel in…
Posted in Strategy, Management & Leadership
“THE ART OF DELEGATION”
One of the keys to be a successful supervisor or manager is mastering the practice of delegating. For some leaders, delegating is very unnatural and uncomfortable. This is particularly common with first-time supervisors. Let’s explore several aspects of effective delegation,…
Posted in Strategy, Management & Leadership
ARE YOU READY FOR YEAR-END PAY REVIEWS?, PART 3
In Part 1, we looked at: Pay increase projection for 2018 year-end/2019 Pay increase guidelines by performance level Reviewing internal equity The role of the market place In Part 2, we addressed the importance of pay data related to the…
Posted in Compensation & Performance Management