We’re trying to verify that teachers are exempt when it comes to new overtime regulations? So we have a teaching fellow whose salary is $40k. Do we need to either raise it to $47,476 or start tracking hours?
Tag: Paying Overtime
Yesterday, business consultant and CED guest author Bridget Miller looked at the first 5 of 10 factors you should consider when it comes to setting executive compensation. Today, the rest of her list—plus an introduction to a webinar later this week you’ll want to be sure to catch.
“You can see them coming down the hall … the employee armed with survey data that show that he or she is grossly underpaid.” Consultant Barry L. Brown, SPHR, CCP, has a plan for blunting these attacks.
The Internal Revenue Service (IRS) has published details on the top 10 issues identified during examinations of 401(k) plans. These are the issues that the IRS will be focusing on when conducting an audit.
Many jobs today—and perhaps some your company has posted—list the pay as “competitive.” But what does that mean, exactly?
Do you use pay grades? If you’re just starting to implement such a system, you may be confused about where to even begin.
One of the first things that come to mind when figuring out how much to pay someone in an executive role is either conducting or purchasing a market study. However, there are several other things that must be completed first.
“When we’re talking about sales compensation objectives, we define them as the five ‘rights.’ We want the sales people to sell the right product to the right customer at the right price at the right profit and at the right time. Unfortunately, many companies don’t get this right.”