Practical HR Tips, News & Advice. Updated Daily.
by Shane Todd In an attempt to their limit severance exposure, employers often require that an employee be “actively employed” on the bonus payment date in order to be eligible to earn a bonus. The idea being that the severance payable to a dismissed employee would not have to take into account an employee’s bonus […]
By Susan Prince, JD, M.S.L., Legal Editor The federal Department of Labor (DOL) has released final changes to the overtime regulations. These changes are effective December 1, 2016. The most prominent change is the increase in the salary level required for exemption from overtime to an annual salary of $47,476. This translates to a weekly […]
Q: I have a question regarding the “catch- up payment” in regards to the new FLSA regulations. I understand there’s a look back period, how does this work with the 12/1/16 effective date? Would that month be viewed in the quarter time frame?
According to statistics released in 2014 by the United States Census Bureau, women are paid, on average, 79 cents for every dollar their male counterparts earn. A just released study of over 100,000 job offers by Hired.com found that 69% of the time men receive higher salary offers than women for the same job title […]
When it comes to pay increases, nearly every organization has its own strategy. Some give only merit-based pay raises. Others give cost-of-living adjustments every year and tie the amount to an external index, like the consumer price index. Others opt for an annual pay raise that is either automatic or automatic but tied to some […]
Under the proposed Department of Labor (DOL) regs regarding overtime, are bonuses allowed to be included in the determination of meeting the minimum salary threshold?
By Richard E. Johnston In Canada, the wording of incentive plans can have a significant impact on the payments required on termination without cause. This point was highlighted by three Ontario decisions earlier this year.
Yesterday, we looked at the types of employee bonuses you might wish to consider offering as well as some of the pros and cons. Today, we turn to sales team incentives, which are in a category all by themselves.
“Bonus” is a term we’re all familiar with in a general sense, but today we’re going to step back and look at the concept in the context of your overall compensation strategy.
Yesterday, we looked at some performance review recommendations by Alan C. Fox, the president of ACF Property Management, Inc. and the author of PEOPLE TOOLS: 54 Strategies for Building Relationships, Creating Joy, and Embracing Prosperity. Today, we present the rest of his list.