ConnecTeam

DECEMBER 20, 2017

The FLSA allows for exceptions to the rule for certain employees who work in administrative, professional, executive, highly compensated, outside sales, and computer professional jobs. The latest one is the Final Ruling in May 2016 that took effect on December 1, 2016. Everyone likes bonuses and incentive payments.

Bonuses and Incentives 80

Bonuses and Incentives HR Software Time and Attendance Payroll 80

HRWatchdog

MARCH 14, 2019

According to the DOL, this increase could result in more than a million additional American workers eligible for overtime compensation. The final overtime rule was set to go into effect on December 1, 2016. California employers must continue to meet California’s salary requirements and stricter duties test. Yes, you do.

Bonuses and Incentives 59

Bonuses and Incentives Compensation Meeting 59

Achievers

JUNE 29, 2017

analyzing compensation, advancement opportunities and scheduling for models that better align with today’s workforce’s needs. developing effective staff meeting schedules, agendas, and tools for those leading meetings. developing effective staff meeting schedules, agendas, and tools for those leading meetings.

Retention and Turnover 111

Retention and Turnover Hiring Software Recruiting Software HR Planning 111

GuideSpark

FEBRUARY 4, 2016

More than ever before, tried-and-true equity compensation programs are proving to be a valuable tool to attract and engage new prospects and employees. A full 57% reported that they are more loyal to an employer that provides an equity compensation plan.

Compensation 40

Compensation Planning Tools Assessment Software HR Planning 40

Ask a Manager

SEPTEMBER 24, 2019

There’s a bunch of history that brought us here: In 2016, the federal government announced it was making major changes to who is eligible for overtime pay and raising that threshold to $47,476, which would have made an additional 4.2 million American workers eligible for overtime.

Bonuses and Incentives 50

Bonuses and Incentives Compensation Groups Meeting 50

Compensation Today

OCTOBER 19, 2015

Jenni Marquez, CCP, PayScale Compensation Professional Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party. You know, the one you’re afraid to talk to.

Payscale 40

Payscale Compensation Hiring Software Planning Tools 40

ExactHire

NOVEMBER 7, 2019

And while the increase is considerably less than what was proposed in 2016, employers are still faced with adapting to the changes that the rule presents. . Maintain “exempt” status and salary, but adjust job duties to meet more stringent duties test. revising special salary levels for workers in U.S.

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Bonuses and Incentives Compliance Time and Attendance Compensation 100

Astron Solutions

JUNE 20, 2016

On May 18, 2016, the Department of Labor (DOL) issued its Final Rule updating regulations defining which white collar workers are protected by the FLSA’s minimum wage and overtime standards. How is your organization planning to adjust to the changes by December 1, 2016? The effective date of the Final Rule is December 1, 2016.

Hiring Software 45

Hiring Software Bonuses and Incentives Planning Tools Compensation 45

HR Digest

APRIL 25, 2019

Raises the total annual compensation required for the highly compensated employee exemption from $100,000 to $147,414. The regulatory changes were invalidated in late 2016 by a federal judge in Texas, who ruled that the DOL had overstepped its authority by increasing the salary limit dramatically. Over $47, 476 a year.

Bonuses and Incentives 40

Bonuses and Incentives Compensation Analysis Payroll 40

HRWatchdog

MAY 18, 2016

The final rule is effective December 1, 2016. California employees must earn a minimum monthly salary of no less than two times the state minimum wage for full-time employment to qualify for the so-called “white collar” exemptions, in addition to meeting all other legal requirements for the exemption.

Bonuses and Incentives 75

Bonuses and Incentives Employment Law Compensation Compliance 75

HR Daily Advisor

JULY 22, 2016

It’s practically impossible to try and cover everything that will change in California for both 2016 and 2017. Both the minimum salary and highly compensated employee (HCE) thresholds for exempt status are increasing, and increases are planned for the near future, too. Sunburn #2: AB 1513 Complicates Piece-Rate Compensation Rules.

HR Trends 40

HR Trends HR Planning Wage and Hour Training Trends 40

HRWatchdog

JULY 25, 2017

The RFI solicits feedback on questions related to: The salary level test; The duties test; Inclusion of non-discretionary bonuses and incentive payments to satisfy a portion of the salary level; The salary test for highly compensated employees; and. The 2016 rule was stopped about a week before it was supposed to be implemented.

Bonuses and Incentives 50

Bonuses and Incentives Wage and Hour Training Employment Law Compensation 50

Compensation Cafe

NOVEMBER 30, 2015

Why do we compensate employees? But compensation professionals (and readers of this blog) know the pay cheque is but one part of a very complex agreement between employer and employee to maximize a mutually beneficial relationship. Compensation is, as I opened this post saying, a fundamental part of the employee contract.

Employee Recognition 40

Employee Recognition Compensation Employee Engagement Analysis 40

Compensation Today

DECEMBER 2, 2016

“Let’s talk a bit more about your overall compensation. Not every manager naturally knows how to communicate about compensation with those they supervise. Not every manager naturally knows how to communicate about compensation with those they supervise. Comp Conversations Pitfall #1: Forget the compensation data facts.

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Bonuses and Incentives Compensation Payscale Data 53

Astron Solutions

JULY 14, 2023

Pay transparency is the practice of openly sharing information about how you compensate employees with both current staff and job seekers. Some organizations may opt to share exact salaries or salary ranges in job postings, share compensation information during the interview process, or disclose details only upon request.

Compensation 52

Compensation Wage and Hour Training Hiring Software Bonuses and Incentives 52

Compensation Today

DECEMBER 2, 2016

“Let’s talk a bit more about your overall compensation. Not every manager naturally knows how to communicate about compensation with those they supervise. Employees may come to review meetings with data from all sorts of sources, some better than others. Compensation reviews are a good time to connect the dots for employees.

Bonuses and Incentives 40

Bonuses and Incentives Compensation Data Talent Experience 40

Effortless HR

AUGUST 12, 2019

In 2016, Zappos’ highly targeted recruitment methods brought the company to its lowest turnover rate since its creation nearly 20 years prior. Compensating Competitively. Get to know what your top competitors are offering, do your market research on fair wages and incentives, and offer benefits that your employees actually want.

Hiring Software 47

Hiring Software Recruiting Software Video Recruiting HR Software 47

Compensation Cafe

DECEMBER 17, 2015

If you're smart, 2016 will be the year of figuring out, wisely and at your leisure, how the CEO Pay Ratio will work in your company. If you missed it, or are planning to wait to 2017 to get going, check out the case I made in my last Compensation Cafe article. (No After all of that, check around in the meeting.

Compensation 40

Compensation eBook Groups Career Development 40

Zenefits

MARCH 21, 2019

an hour and covers most workers, and overtime (OT) compensation of 1.5 To qualify for exemption status, an employee must meet these three criteria : Be paid at least $23,660 per year, or $455 a week*; Be paid on a salary basis; and. The FLSA requires most workers to meet these three factors with few exceptions. Exempt employees.

Wage and Hour Training 28

Wage and Hour Training Hiring Software Bonuses and Incentives Compensation 28

Effortless HR

NOVEMBER 2, 2020

In 2016 alone, companies in the U.S. Nothing gets employees excited about change better than an incentive. Therefore, meet with each member of your team regularly to offer feedback, constructive criticism, and one-to-one support. . Job seekers no longer look at compensation alone as their sole reason for choosing a workplace.

Compliance Training 65

Compliance Training Hiring Software Planning Tools Onboarding Software 65

Vantage Circle

FEBRUARY 24, 2023

It is possible that employees can become fixated on meeting specific targets at the expense of creativity, innovation, and long-term growth. It goes a long way in building a strong and loyal workforce to recognize your employees' achievements, whether a shout-out at a team meeting, a personal note, or a celebratory lunch.

Hiring Software 104

Hiring Software Assessment Software Planning Tools How To 104

In Full Bloom HR

JANUARY 4, 2017

The first chapter was posted 12-6-2016 (the finale on 12-30-2016), and then the fat really was in the fire. In which we meet Zelda, Creepy and Doha Doha. Creepy also avoided any mention of incentive pay or equity participation, and added nothing at all to sweeten the deal. Suddenly Zelda hears a disquieting noise.

Video Recruiting 81

Video Recruiting Hiring Software Staffing Software Recruiting Software 81

HR Daily Advisor

AUGUST 16, 2017

in 2013) of responding employers did not award merit increases in 2016. 3 (meets requirements), and 11.8% last year) of survey participants did not reward employees who failed to meet the requirements of their jobs, and 57.2% (down from 63.3% Myriad other challenges were also noted, including: Administering compensation: 14.5%.

Survey 43

Survey Bonuses and Incentives Compensation Retention and Turnover 43

HR Digest

JANUARY 2, 2020

Six discussions were held, and it was decided that the present compensation for overtime was inadequate. One qualifies for the Highly Compensated Employees (HCE) category now if one earns $107,414 per annum instead of $100,000. Increasing exempt employees’ salaries to meet the new threshold could have a significant financial impact.

Wage and Hour Training 84

Wage and Hour Training ADP Bonuses and Incentives Compensation 84

Visier

SEPTEMBER 25, 2019

In 2016, I shared how organizations could use people analytics to prepare for the changes to overtime pay that were set to take effect later that year. In order to achieve this, HR must find an effective solution that will help them make the right compensation and workforce changes–while balancing the needs of the workers and the bottom-line.

Analytics 150

Analytics Meeting Wage and Hour Training HR Software 150

Ohio Employer's Law

MAY 18, 2016

The rule, as expected, increases the salary level at which one qualifies as an exempt white-collar employee ($913 per week; $47,476 annually), while leaving alone (for now) the duties one also must meet to qualify. Establishes a mechanism for automatically updating the salary and compensation levels every three years.

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Bonuses and Incentives Compensation Employee Relations Certification 31

HR Daily Advisor

APRIL 4, 2016

The HR Daily Advisor research team conducted the 2016 Talent and Performance Management Survey in January, 2016. Career Planning Meetings. When asked how often their career planning meetings are held, survey takers were most likely to respond “as needed” (46.9%). When asked where shortages were likely to occur, 40.1%

Performance Management 40

Performance Management Survey Talent Experience Hiring Software 40

Hireology

JUNE 5, 2017

While AutoNation’s turnover is lower than the industry average, the NADA 2016 Dealership Workforce Study found that turnover for automotive sales roles is 67 percent, the highest turnover rate of all dealership positions. As reported by AutomotiveNews , AutoNation, the largest new vehicle retailer in the U.S.,

Bonuses and Incentives 0

Bonuses and Incentives Compliance Training Talent Experience eBook 0

Dave's Weekly Thought

SEPTEMBER 23, 2016

Managers received bonuses for "5" rating across the board and were regulated for examination if any of their team dipped below last year's survey results. Lesson Learned: Surveys Are An Opportunity to Identify Areas of Improvement not a Meter for Compensation! Compensating the bottom line is easy to measure and easier to manipulate.

Employee Recognition 40

Employee Recognition HR Software Compliance Training Bonuses and Incentives 40