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Sales incentive compensation shifting to include team and corporate performance, study finds

November 28, 2016

US companies are putting less emphasis on individual performance and increasing the emphasis on organizational success when determining incentive compensation packages for sales roles, according to a study by the Hay Group division of Korn Ferry (NYSE: KFY).

The study analyzed individual contributor sales...


Quality of employment in Canada on the decline, CIBC report finds

November 28, 2016

More Canadians could have trouble weathering future economic downturns than in the past due to a steady decline in job quality over the last 20 years, according to a new report by CIBC Capital Markets. The report, On The Quality of Employment in Canada, finds that the share of Canadians making less than...


Elliott discloses stake in Cognizant, urges board shakeup (Reuters)

November 28, 2016

Activist investor Elliott Management Corp disclosed a stake of “more than 4%” in Cognizant Technology Solutions Corp. (NASD: CTSH) and urged the IT services provider to consider shaking up its board as one of several steps to boost shareholder value, Reuters reports. Shares of the company, which...


How Amazon gets its holiday hires up to speed in two days (The Wall Street Journal)

November 28, 2016

The Wall Street Journal reports Amazon.com Inc. wants its warehouse employees to get to work — fast. To prepare for the flood of holiday orders already underway, the retail giant has been using technology ranging from touch screens to robots to shrink the time it takes to train new hires to as little...


Court temporarily blocks new overtime rule set for Dec. 1

November 23, 2016

A federal judge on Tuesday temporarily blocked the Department of Labor rule that would have increased the number of workers owed overtime by raising the salary exemption under which white collar employees are owed overtime to $47,892 per year effective Dec. 1 from the current level of $23,660. The rule...


FTC report: Sharing economy stirs debate over regulations

November 23, 2016

The rapid growth of some sharing economy platforms has stirred considerable debate over the application of state and local regulation to these platforms and their users, according to a staff report released by the Federal Trade Commission.

Regulatory measures may be needed to protect consumers, promote...


Jobless claims average down 2,000 but initial claims jump

November 23, 2016

The US four-week moving average of initial claims for unemployment insurance fell to 251,000 last week, down 2,000 from the previous week’s average, according to seasonally adjusted numbers released today by the US Department of Labor. The previous week’s average was revised downward by 500.

The four-week...


Mexico economy posts fastest quarterly growth in two years (Reuters)

November 23, 2016

Reuters reports Mexico’s economy posted its fastest growth in more than two years as services picked up by the most since 2011 even as industrial output was sluggish, official data showed on Wednesday. Gross domestic product grew by 1.0% in the third quarter compared with the prior quarter, according...


The 10 companies hiring the most 2016 college graduates (Forbes)

November 23, 2016

Large, traditional companies may not generate the buzz of today’s growing technology firms, but their hiring numbers are something to get excited about, Forbes reports. Among recent college grads, they dominate the hiring landscape. To shed light on hiring trends, LinkedIn looked at millions of member...


People: ZRG, RiseSmart, Insperity, Charles Sterling

November 23, 2016

Executive search firm ZRG Partners announced Sharon Stein has joined the firm as a managing director and a member of the firm’s financial services, private equity and consumer practices. For the past 10 years she has served as the founder and president of a boutique retained search firm. Stein will...