Tag: commissions

DOL Fiduciary Rule 101

Did you know that under existing laws, the person or organization who manages your company’s 401(k) is not legally obligated to provide advice that is in the best interest of the investor? If that seems crazy to you, then it perhaps will come as no surprise that this is about to be changed with the […]

New California laws affecting employers take effect January 1

by Jim Brown California employers will have several new laws to deal with as of January 1, 2013. Of particular interest are measures affecting social media passwords, religious dress and grooming standards, and commission agreements. Social media passwords Assembly Bill 1844 prohibits employers from requiring employees or applicants to disclose usernames or passwords for the […]

Termination Pay Considerations for Commissioned Employees in Canada

by Katie Clayton and Jennifer Shepherd Figuring out an employee’s entitlements upon termination can be tricky in Canada. It can be an even trickier exercise for commissioned employees. For example, are employers required to pay employees commissions for deals that close after they are terminated? Unless the employment contract explicitly states otherwise, the answer is […]

Retail Sales Exemption to Federal Wage Law

by Kara Shea Typically, when employers consider whether their employees are exempt from federal overtime pay requirements, they think in terms of the “big three” exemptions — administrative, executive, and professional, collectively known as the “white-collar” exemptions. When reviewing job positions, classifying new positions, or conducting an internal audit, however, remember to consider some lesser-known […]