Browsing: Human Resources

Human Resources

The Labor Department’s proposal redefining which employees are eligible for overtime eviscerates the longstanding “duties test” and fails to address the significant differences in wage rates and costs of living across the country, ABA said in an extensive comment letter Friday. “The proposal would transform the salary level from its historical role as a screening

Human Resources

To help bankers navigate growing shareholder and regulatory expectations for well-laid-out personnel succession plans, ABA has launched “Succession Planning for Banks,” a comprehensive guide to managing the talent pipeline for board, C-suite and management positions. The guide includes scenarios and customizable materials to help management and bank HR personnel plan for succession, identify and cultivate

Compliance and Risk

By a 3-2 vote, the Securities and Exchange Commission today approved a final rule requiring public companies to disclose the ratio of the annual compensation of the CEO to the median of the annual compensation of the company’s employees.

Human Resources

As part of the Partnership to Protect Workplace Opportunity, ABA and other trade associations representing employers have urged the Department of Labor to extend by 60 days the comment period on its controversial overtime proposal, which would more than double the salary level required for the exemption from overtime requirements.

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