Wednesday, January 28, 2009

What I'm Hearing...Changes to Compensation Planning Are Coming Your Way

Yesterday, Congress approved the Lilly Ledbetter Fair Pay Act. BLR has a clear synopsis of the law at http://compensation.blr.com/display.cfm/id/156373.

At the moment, I have many conflicting thoughts on the passage of this legislation, and will spare our readers my stream of consciousness! :-)

As a first step, have HR professionals already audited their compensation programs to make sure discrimination does not exist? If not, now is the time to investigate and take positive action.

With the passage of this Act, it appears that a tidal wave of new HR legislation will be coming from Washington. With legal costs typically averaging $100,00 or more per case, advance preparation and positive action now are essential to ensuring a "lawsuit free" organization.

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