Zenefits

JANUARY 21, 2020

The new requirements went into effect January 1, 2020. Allows employers to use nondiscretionary bonuses and incentive payments that are paid annually to satisfy up to 10% of the standard salary level. Under the previous rules, workers were exempt from overtime pay requirements if: They were paid at least $455 a week.

Bonuses and Incentives 41

Bonuses and Incentives Hiring Software Compensation Industry 41

The Employer Handbook

MARCH 8, 2019

Workers making at least this salary level may be eligible for overtime based on their job duties. This salary level was set in 2004. This new proposal would update the salary threshold using current wage data, projected to January 1, 2020. territories.

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Bonuses and Incentives Compensation Data Industry 55

Affinity HR Group

NOVEMBER 14, 2019

Non-exempt employees must be paid at least minimum wage for all hours worked and overtime for more than 40 hours worked in a work week. On September 24, 2019, the DOL released the highly-anticipated final rule increasing the minimum salary level for “white-collar” and highly-compensated exempt employees for the first time since 2004.

Wage and Hour Training 40

Wage and Hour Training Bonuses and Incentives Compensation Groups 40

Business Management Daily

SEPTEMBER 24, 2019

1, 2020, following approval of a final rule the Department of Labor says will make 1.2 The new threshold represents a 50% increase over the current threshold of $23,660, which was established in 2004. Online resources Find official information on the new salary threshold at www.dol.gov/whd/overtime2019/.

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Bonuses and Incentives Compensation Compliance Resources 40

HR Digest

JANUARY 2, 2020

The overtime rules went into effect on January 1, 2020. This threshold has been raised from the previous limit of $455 per week of 40 hours, which was set in 2004. The rule allows employers to use non-discretionary bonuses and incentive payments to satisfy up to 10 per cent of the standard salary level.

Wage and Hour Training 84

Wage and Hour Training ADP Bonuses and Incentives Compensation 84

Linkedin Talent Blog

AUGUST 9, 2022

Following the 2020 murder of George Floyd, companies around the world pledged to focus more on diversity, equity, and inclusion. The results are reviewed monthly and are used to help determine bonuses. Citi , for instance, recently expanded its use of diverse slates, requiring that at least two women or U.S.

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Diversity Hiring Software Recruiting Software Interview Software 49