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Compensation

How much of a pay raise can you expect in 2013?

Posted by on Jan 22, 2013 in Compensation, HR Issues, Portfolio/Moneyville | 0 comments

Read this blog and comments on moneyville     January 02, 2013 Even when you get a raise, it sometimes feels like you are not much further ahead once you factor in inflation and increased deductions for government benefits. That’s why in communicating with their workforce many employers focus on “total rewards” offered including pay, benefits, work-life balance and career development opportunities. This information is typically conveyed in an annual “total rewards statement”...

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Mistreated Walmart employee gets $1.46M

Posted by on Nov 7, 2012 in Compensation, Legal, Portfolio/Moneyville | 0 comments

Read this blog and comments on moneyville         October 31, 2012 A former Windsor Walmart employee was awarded $1.46 million by a jury after she suffered months of abuse by her boss. This generous award, which was more than Meredith Boucher sought, shows that juries are prepared to  punish companies that do not  provide a harassment-free working environment for their employees. However, Boucher has yet to receive a penny, because Walmart has appealed the decision. In November,...

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What’s legal when withholding pay

Posted by on Oct 22, 2012 in Compensation, Legal, Portfolio/Moneyville | 0 comments

Copyright 2012 Toronto Star Newspapers Limited The Toronto Star October 22, 2012 Monday BUSINESS; Pg. B3 430 words Suspect your company of improperly docking pay? Here’s what to do The Ontario of Ministry of Labour recently tweeted a link to the rules under which an employer can withhold some of your pay. It came in the aftermath of the tragic death of Toronto gas station attendant Jayesh Prajapati, 44. He was run over when he chased an SUV...

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Fired federal government adviser gets $1.3 million in damages

Posted by on Oct 3, 2012 in Compensation, Legal, Portfolio/Moneyville | 0 comments

Read this blog and comments on moneyville         September 24, 2012 Six years after an advisor to the federal government was fired without cause, he has been awarded more than $1.3 million in damages and back pay. In 2005, Douglas Tipple was recruited by Ministry of Public Works and Government Services to act as a real estate adviser on a project aimed at cutting the cost of government office space. He signed a three-year contract at an annual salary of $360,000 with a 15 per cent...

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Average 2013 pay raises 3.2%: Survey

Posted by on Sep 9, 2012 in Compensation, HR Issues, Portfolio/Moneyville | 0 comments

Read this blog and comments on moneyville           September 05, 2012 Big companies are planning average pay raises of 3.2 per cent in 2013, according to human resources consultant Mercer. The base increases are roughly the same as this year, the study found and only modestly higher than the 2.9 per cent in 2011. The trend is also in line with the United States. But the increases offered to top-performing employees will be significantly higher. This year, according to Mercer data,...

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Earl Jones Ponzi Scheme: RBC to pay $500,000 Penalty

Posted by on Aug 13, 2012 in Compensation, Legal | 0 comments

August 13, 2012   0   TORONTO — RBC Dominion Securities Inc. will pay $500,000 in a regulatory settlement for professional lapses by employees who failed to ask questions and take precautions about a client who was later convicted of fraud. The fraud was committed by Earl Jones, who has been convicted of defrauding more than 150 clients over more than 20 years as a Montreal-based financial adviser before he was found out. The brokerage arm of Royal Bank of...

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