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Overtime pay obligations under the FLSA can get hairy when non-discretionary bonuses or other incentives are brought into the picture. The main issue at hand is that employers must review non-exempt overtime costs for the incentive award period if the award is non-discretionary.
How Can You Use Incentive Pay for Nonexempt Employees? “Pay for performance can apply to all levels of jobs within an organization. Recent studies have shown that organizations are beginning to use more variable compensation (or incentives) as it relates to the proportion of base pay, and they’re marketing that to employees—not only when they’re […]
As we all know, the FLSA requires us to pay overtime pay when it is due, and the base pay rate must include all payments for that time period in question—including incentive pay and bonuses paid during that time. But is that always the case? Actually, the answer is no. It’s true that most incentive […]
Do you have up-to-date job descriptions? Having these can be vital for your company. Accurate, up-to-date job descriptions not only help you to find the best candidates for vacant roles, but they also help you to evaluate current employees. In a BLR bootcamp titled “Comp 101 Bootcamp: How to Effectively Develop Competitive Pay Plans for […]