Tag: Compensation

Armchair Manager: What Sports Can Teach Us About Management

What’s more, an athlete often has to deal with teammates, a coach, and management or governing bodies. There always seems to be something going on in the sporting world that lends itself to the drama of the human theater. There are a number of current situations playing themselves out that deserve some analysis and reflection […]

Workers’ Compensation Versus Other Employment Laws

“The difficult workers’ compensation problems are only one aspect of a multi-dimensional employment law problem.”, noted David Schmit in a BLR webinar titled “Workers’ Comp: How to Discipline or Terminate Claimants While Minimizing Your Legal Risks,”. If you’ve been considering firing an employee who is out on workers’ comp leave – or recently back from […]

Bonuses Always Included in Overtime, Except …

The FLSA provides for several narrow exemptions from the requirement that bonuses be included in an employee’s regular rate of pay. The onus is on the employer to prove that a payment meets one of the exemption requirements. The exemptions include: Gifts, or payments in the nature of gifts, made at Christmas time or on […]

Bonuses and Overtime—One of the Most Frequent Failures in Comp

Bonuses Included in Overtime Calculations? Under the federal Fair Labor Standards Act (FLSA), bonus payments are divided into discretionary and nondiscretionary types. Nondiscretionary bonuses are included in an employee’s regular rate of pay for the purpose of determining overtime, while discretionary bonuses are not included in an employee’s regular rate of pay to determine overtime. […]

No Nonsense Retention: 80% Open Door Policy

6. Keep Your Door Open 80% of the Time [Go here for retention tips 1-5.] Let your people know you are accessible to them, says Cortes, author of the book, No Nonsense Retention. Avoid telling people to make an appointment or come back later. Make sure the time you do spend with your people is […]

‘Fire the Slugs’—That’s the Best Turnover

“There’s good and bad turnover,” says Cortes, author of the book, No Nonsense Retention, which he characterizes as a collection of no-nonsense ways to retain your best people. Firing a non-performer—a slug— is good turnover. But when a top performer leaves to go elsewhere and your organization is left with a huge void, that’s bad […]

Immigration Enforcement: Are You in Compliance with Federal Immigration Law?

This is a serious issue; various government agencies have started to coordinate their efforts as they search for unauthorized workers. The smallest mistake in your paperwork or policies could lead to hefty fines and costly lawsuits. With the latest immigration crackdown under way, it’s crucial for you to make your I-9 administration run smoothly and […]

Four Metrics ‘Gotchas’—Blindsided in the C-Suite

Greene, a member of the Ann Arbor, Michigan, office of the law firm Dykema Gossett, and director of the firm’s Employment Law Department, offered his tips at BLR’s recent Employment Law Update in Las Vegas. Gotcha #1. Different Interpretation of Results Say you have submitted statistics showing that retention has improved. Your stats are unassailable—checked […]

40 Metrics—And Not a One Interesting to Management

There is no single set of metrics that fits all companies, Greene says. You need to step back and find out what management really needs. You’re looking for a few strategic, relevant metrics, he says. Greene is a member of the Ann Arbor, Michigan, office of the law firm Dykema Gossett, and is director of […]

Can Companies Really Link Pay with Performance?

Parikh, who is director of product marketing at compensation software development company Callidus (www.calliduscloud.com), recently spoke to BLR on pay for performance. BLR: How well do companies really link pay with performance? Parikh: Companies basically end up spending about 8-10% of their gross revenue on variable compensation. That could be a very large amount of […]