| Bonus or incentive pay is compensation over and above base salary and is a reward to employees or to a team for achieving certain goals. Bonus pay can be used to improve morale, motivation, and productivity. Not all bonus plans achieve what they set out to accomplish. Therefore, it's important to analyze the advantages and disadvantages of various incentive plan components to determine the plan that will be the best fit for your organization, the specific department, team and employees being rewarded. For example, you will want your plan for your sales employees who work with customers and are responsible for company earnings targets to promote high levels of performance as well as encourage ethical behavior.
(WageWatch) Read the complete article
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Top Stories: Lodging & Gaming
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Why Aren't Casinos More Like Airlines?
This week, while moving to block a merger between U.S. Airways and American Airlines, the federal government was also trust-busting another industry: casinos. Pinnacle Entertainment has been trying to buy rival Ameristar for $2.8 billion, but the Federal Trade Commission worried that would create a monopoly in St. Louis, so it required Pinnacle to sell off a couple of its properties before closing the deal.
(The Washington Post) Read the complete article
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Top Stories: Human Resources
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Department Of Labor Extends Family And Medical Leave Act To Same-Gender Couples
On August 9, the U.S. Department of Labor (DOL) issued regulatory guidance confirming that same-sex married couples are entitled to the same benefits of the Family and Medical Leave Act (FMLA) as heterosexual married couples (Trottman/Maher, "U.S. Extends Family Leave to Same-Sex Spouses," Wall Street Journal, 8/9/2013). This new DOL guidance will extend FMLA spousal leave entitlements to same-sex spouses in states that recognize same-sex marriages.
(Mondaq) Read the complete article
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