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A company's pay program generally includes base pay, incentive pay, and benefits paid to employees in exchange for work performed.  To determine employee pay levels, companies must strike the balance between affordability and employee motivation. Other factors that influence pay levels are social, economic, legal, and political.  All these factors can make compensation management a complex and important part of the business. Ramifications of inadequate pay levels are employee turnover, poor performance, and reduced productivity.  

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Top Stories: Lodging & Gaming
Study of Extreme Local Wage Initiatives Reveals Significant Consequences for Main Street Hotels and American Workers
The American Hotel & Lodging Association (AH&LA) and the Asian American Hotel Owners Association (AAHOA) today released a groundbreaking new national study on the impacts of extreme local wage initiatives on the U.S. hotel industry and small businesses across the country. 
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Las Vegas Casino Strike Averted With Agreements
A strike at downtown Las Vegas casinos was averted as union negotiators reached settlements with several properties only hours before workers were scheduled to walk off their jobs.
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Harrah's Tunica Casino to Close, Hinting at Gambling Glut
And on Monday, Harrah's Tunica will close, which company officials say will most likely lead to up to 950 job losses. In Tunica County in the impoverished Mississippi Delta, it is a disquieting reality that underlines the deeper threat facing Mississippi and other states with legalized gambling: There may be too many casinos chasing too few gambling dollars. 
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Top Stories: Healthcare
The Ongoing Battle For The Soul Of Health Care
Every organization has to balance the business contract and the social contract aspects of their work. Physicians and health care organizations are no exceptions to this. Historically, in medicine, the social contract took precedence. One treated patients and made allowances for those who could not afford the usual fee for care. 
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Making Costs Clear: How Hospitals Can Help Drive Price Transparency Tool Development
In 2006, Danville, Pa.-based Geisinger Health System decided to take its electronic portal for patients to the next level. The portal already offered access to patients' clinical records. However, it didn't provide price estimates. In an effort to make billing more patient friendly, Geisinger decided to change that, says Kevin Brennan, the health system's CFO and executive vice president of finance.
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CMS Releases First Annual Update to Hospital Charge Data
The data posted today updates the hospital charge data released by CMS last year for the 100 most common inpatient services and 30 most common outpatient services. The landmark release of hospital charge information paved the way for the agency's decision earlier this year to grant the public unprecedented access to Medicare physician payment data. 
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Top Stories: Human Resources
DOL Promises More FMLA Investigations In 2014
In an unexpected announcement, U.S. Department of Labor (DOL) FMLA Branch Chief Helen Applewhaite says the DOL is planning stepped-up enforcement of the Family and Medical Leave Act in 2014, including more on-site visits by federal investigators.
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4 Signs It's Time for a Cloud-Based HR Platform
You've had an uptick in hiring and your managers are awash in benefits applications, employee training materials, and accommodating new employee scheduling needs. With all of the administrative duties that hiring and managing people requires, it seems that there's barely any time to, well, manage anyone.
(Entrepreneur)  Read the complete article
How Payroll Cards Offer a Win-Win for Employers, Employees
Payroll cards have provided millions of American workers with greater financial access and inclusion, many for the first time in their lives. They have been broadly implemented across many industries, as well as by state and local governments. Yet the benefits of payroll cards and how they work still are not fully understood by many.
(HR.BLR)  Read the complete article
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