http://www.hrmorning.com/total-compensation-statements-gone-bad/ Your daily dose of HR Thu, 18 Mar 2010 13:43:13 -0400 http://wordpress.org/?v=abc hourly 1 http://www.hrmorning.com/total-compensation-statements-gone-bad/comment-page-1/#comment-32248 Leon Tue, 10 Nov 2009 19:56:56 +0000 http://www.hrmorning.com/?p=2281#comment-32248 We distribute our statements as soon after the end of the calendar year as possible so we use total pay for the prior year for the cash compensation portion. We distribute our statements as soon after the end of the calendar year as possible so we use total pay for the prior year for the cash compensation portion.

]]> http://www.hrmorning.com/total-compensation-statements-gone-bad/comment-page-1/#comment-15848 CB Mon, 22 Jun 2009 14:38:48 +0000 http://www.hrmorning.com/?p=2281#comment-15848 We have been thinking about doing comp statements, this article was perfect timing. We have been thinking about doing comp statements, this article was perfect timing.

]]> http://www.hrmorning.com/total-compensation-statements-gone-bad/comment-page-1/#comment-15328 Maggie Mon, 15 Jun 2009 19:17:28 +0000 http://www.hrmorning.com/?p=2281#comment-15328 Always use actual hours worked for non-exempt employees. You can get this off of payroll records. I pull hours apart and show base, overtime, holidays, funeral, commissions, paid time off as separate lines and then show the total. For exempt employees, I show base and bonus, since they will always get other paid time off as part of their salary. Always use actual hours worked for non-exempt employees. You can get this off of payroll records. I pull hours apart and show base, overtime, holidays, funeral, commissions, paid time off as separate lines and then show the total. For exempt employees, I show base and bonus, since they will always get other paid time off as part of their salary.

]]> http://www.hrmorning.com/total-compensation-statements-gone-bad/comment-page-1/#comment-15282 Jeff Mon, 15 Jun 2009 13:59:52 +0000 http://www.hrmorning.com/?p=2281#comment-15282 I don't necessarily think any period of time would be better than the others for salary average so long as it consistent throughout and unique to the individual. I would suggest using the same time period that you might use for budgeting - make it easy on yourself and your department. I don’t necessarily think any period of time would be better than the others for salary average so long as it consistent throughout and unique to the individual. I would suggest using the same time period that you might use for budgeting – make it easy on yourself and your department.

]]> http://www.hrmorning.com/total-compensation-statements-gone-bad/comment-page-1/#comment-15281 DAtkin Mon, 15 Jun 2009 13:17:00 +0000 http://www.hrmorning.com/?p=2281#comment-15281 We are in a service industry where hours of work are not set in stone. Does anyone have recommendations on which figure we should use to compute salary in a letter like this - 2080 isn't the average for most people, so should we use the average over the last 3 months, 6 months, year? I am not sure what would be the best. We are in a service industry where hours of work are not set in stone. Does anyone have recommendations on which figure we should use to compute salary in a letter like this – 2080 isn’t the average for most people, so should we use the average over the last 3 months, 6 months, year? I am not sure what would be the best.

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