HR Morning
SEPTEMBER 24, 2019
.” The rule updates the earnings thresholds necessary to exempt executive, administrative, or professional employees from the FLSA’s minimum wage and overtime pay requirements, and allows employers to count a portion of certain bonuses (and commissions) towards meeting the salary level.
HR Bartender
MAY 22, 2016
Even with the reduction from the initial proposal, this is still more than double what the minimum salary currently is under the 2004 regulations. Specifically, employers can include non-discretionary bonuses, incentive payments and commissions to satisfy up to 10 percent (10%) of the minimum weekly salary.
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Affinity HR Group
NOVEMBER 14, 2019
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. This must include a weekly salary of at least $684 that does not include nondiscretionary bonuses, incentive pay and/or commissions.
HRWatchdog
MARCH 14, 2019
During the comment period, the proposed rule received 293,370 comments, compared to 75,280 comments received during the previous changes to the overtime rule in 2004. California employers must continue to meet California’s salary requirements and stricter duties test.
Compensation Cafe
DECEMBER 3, 2014
Organizations would be more effective and employees would be more engaged if at least half of benefits dollars were converted into cash, especially incentive opportunities. When benefits represent 30% of total employee rewards and performance incentives are about 1%, management claims of pay for performance are laughable. Implications.
Compensation Cafe
DECEMBER 1, 2014
Sales compensation has always been a different beast: it has different buyers and economic cycles than employee rewards, and sales incentives constantly evolve to meet new business needs. Supervisors can use that information to adjust raises and bonuses with no help from rewards experts. He received a Ph.D.
HR Digest
JANUARY 2, 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. Nearly 200,000 comments were received from the citizens regarding this issue.
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