This week, the Compensation Daily Advisor discussed layoffs and OFCCP audits. Here’s the Compensation Daily Advisor week in review.
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Get Your Report Now!Layoff, Furlough, or Pay Cut: Which Is Best?—Many organizations are still struggling to contain costs. When labor costs are a major factor, companies have to choose between hiring freezes, layoffs, furloughs, and pay cuts.
Can’t We Use the ‘Faltering Company’ Exception for Layoffs?—Normally, the Worker Adjustment and Retraining Notification Act (WARN Act) requires 60 days advance notice of a layoff, but there are several exceptions, including the “Faltering Company” exception.
OFCCP Demands Detailed Compensation Analysis in Virtually Every Audit— Remember, OFCCP does not enforce a law but an executive order. So, if you don’t want to do business with the government, you don’t have to comply, says Attorney Susan Desmond.
What OFCCP Now Demands for Affirmative Action-Programmatic outreach is not enough any more; OFCCP wants to see personal relationships with outreach resources and a system for monitoring effectiveness, says attorney Susan Fahey Desmond.
The Constant Battle of Collaboration vs. Control—I think it’s a natural tendency for people to want to be in control, says business and leadership blogger Dan Oswald. In fact, I read the other day that the feeling of a lack of control contributes significantly to a person’s stress level. So, it makes sense that all of us would prefer to be in control. It certainly beats the alternative of being controlled! Right?
BLR's Compensation Daily Advisor is a free daily source of compensation tips, news, and advice.