2019 HR & Compliance Web Summit: Executive Summary

Paycor

Industry experts like Jennifer McClure offered actionable insights and advice on all things HR, from self-care for the HR pro to in-the-news compliance issues. Maintaining compliance for the organization. W&H is now permitting employers to use nondiscretionary bonuses and incentive payments paid on at least an annual basis to satisfy up to 10 percent of the salary requirement Want to learn more around wage and hour? Recruiting Compliance – EEOC.

Compliance check from legal experts: Policy changes you need to make before 2020

HR Morning

There were a lot of new employment trends in 2019, and 2020 will bring even more compliance changes. Employers are permitted to satisfy up to 10% of employees’ annual salary through non-discretionary bonuses and incentive pay — including commissions. The post Compliance check from legal experts: Policy changes you need to make before 2020 appeared first on HR Morning

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Astron’s Yearly Compensation Review Part III: Non-Profit Executive Compensation Planning for 2019

Astron Solutions

The Tax Cuts and Jobs Act of 2018 is the most impactful change to the way non-profit organizations will plan their executive compensation programs going into 2019. Savings Incentive Match Plan for Employees (SIMPLE). IRS Guidelines on Non-Profit Executive Incentive Compensation.

Compliance check from legal experts: Policy changes you need to make before 2020

HR Morning

There were a lot of new employment trends in 2019, and 2020 will bring even more compliance changes. Employers are permitted to satisfy up to 10% of employees’ annual salary through non-discretionary bonuses and incentive pay — including commissions. The post Compliance check from legal experts: Policy changes you need to make before 2020 appeared first on HR Morning

When Size Matters -- Basics for Early Stage and Small Companies

Compensation Cafe

The compliance services offered by the PEO are the turn-key stuff, but day-to-day Human Resources administration is much more complicated. Get credit for your incentives. Many CEOs of small companies don't like to talk about incentives since they can't guarantee a yearly payout. The thing is, no good incentive plan guarantees a payout, and most large-company employees can remember years when the business couldn't fund an incentive.

Cafe Classic: The Complete Job

Compensation Cafe

You'll try to be as objective as you can, considering quantifiable metrics like deadlines met, sales targets achieved, projects launched, budget compliance and products or services delivered. Incentives/Bonuses Pay for Performance Performance ManagementEditor's Note: Do your performance management practices - in truth and not just on paper - sufficiently consider behavior in addition to results?

New Overtime Rules – What You Need To Know!

Affinity HR Group

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. Up to 10% of this new minimum salary level for white-collar classifications can be satisfied with nondiscretionary bonuses, incentive pay, or commissions. By Paige McAllister, SPHR, HR Compliance and Claudia St.

Salary Cut-Off Raised to $35,568 in New Overtime Ruling

BeyondPay

 October 22, 2019.  Compliance | Employee Benefits. Non-discretionary bonuses, Incentive Payments and Commissions. Non-discretionary bonuses and incentive payments, including commissions, may be used to satisfy up to 10 percent of the standard salary level. . Aug 29, 2019 ‘Background check’ is starting to feel like a buzzword in business – so do they really matter? Aug 26, 2019 On February 19, 2019, Gov.

Salary Cut-Off Raised to $35,568 in New Overtime Ruling

BeyondPay

 October 22, 2019.  Compliance | Employee Benefits. Non-discretionary bonuses, Incentive Payments, and Commissions. Non-discretionary bonuses and incentive payments, including commissions, may be used to satisfy up to 10 percent of the standard salary level. . Nov 18, 2019 After the new year, New Jersey will be joining New York in a ban against asking for salary history during the application process. Compliance Employee Benefits

Classifying Employees Under New FLSA Overtime Rule

ExactHire HR Trends

So let’s first take a look at what has changed, then consider what steps can be taken to ensure compliance and optimize operations by January 1, 2020–the rule’s effective date. Documenting how and when FLSA re-classifications have taken place is important for compliance, but also for internal reference. Making organizational changes in regard to new federal compliance requirements is never an easy task.

21 Newsletters Every HR Professional Should Read

CakeHR

This newsletter to leaders in disruptive workplaces come with several incentives like: Special access to case studies and practitioner-focused information. percent bonus. The newsletter offers daily insights on workplace compliance, talent acquisition and management, HR technology, and compensation and benefits. This newsletter delivers the latest news, insights, and advice to help HR managers and executives stay up to date — and their companies in compliance.

New DOL Overtime Rule: FAQs

Paycor

On September 24, 2019, the Department of Labor issued its final ruling to increase the minimum salary threshold for executive, administrative and professional exemptions from $455 per week ($23,660 annually) to $684 per week ($35,568 annually).

Federal Overtime Salary Threshold 2020: What’s Changing?

Homebase

Nondiscretionary Bonuses and Incentives in Minimum Salary Requirement. The final rule will allow employers to include nondiscretionary bonuses, commissions, and incentive payments to satisfy up to 10% of the salary requirement, as long as they are paid annually at the minimum. . What are my compliance options under the new law?

The New HR Rules: Employment law updates for 2020

Business Management Daily

A comprehensive legal and HR compliance update is absolutely essential for keeping up with ever-changing laws and regulations. Perhaps the biggest HR compliance development in 2019 was the push for so-called pay equity. To assure HR compliance with these coming decisions, stay alert to the decision announcements. Employers can apply bonuses and incentive payments for up to 10 percent of the salary threshold for a credit of up to $3557 per year.

The importance of HR analytics

Bayzat

Compensations and Incentives. Exit surveys and declined offers can be investigated to understand what enhancements could be made to offer better incentives to employees. For example, analyzing how much a C-level employee gets paid and what bonuses are offered to them in other companies can help your company attract and retain top talent. By using HR analytics, businesses can manage the scheduling processes for all employees to remain in compliance with regulatory processes.

Federal Overtime Final Rule Effective January 2020

HRWatchdog

The final rule also changed how employers may meet the salary threshold by allowing employers to use nondiscretionary bonuses and incentive payments (including commissions) that are paid at least annually to satisfy up to 10 percent of the standard salary level. Yet, employers with employees in other states subject to the FLSA should evaluate their compensation practices to ensure continued compliance with federal rules. The final rule will go into effect on January 1, 2020.

5 Must-Have Elements for Every Compensation Management Process

HRsoft

When done correctly, it ensures employees are paid fairly and have the incentives needed to either improve performance or continue producing excellent results. Budget allocation determines how much the organization has to dedicate to employee pay, and how much of that budget will be spent on base salary versus benefits and other incentives. 5 Legal Compliance.

Federal and State-Based Changes from 2018 and Coming in 2019

Affinity HR Group

Looking ahead to 2019, here are some trends or topics about which employers should be aware: Immigration: There were no laws related to immigration enacted in 2018 and few anticipate there being any enacted for the next year or two. Employers can expect this dramatic increase in immigration control activity at the federal level to continue in 2019. Affinity HR Group wishes you a happy holiday season and a great 2019!

Federal and State-Based Changes from 2018 and Coming in 2019

Affinity HR Group

Looking ahead to 2019, here are some trends or topics about which employers should be aware: Immigration: There were no laws related to immigration enacted in 2018 and few anticipate there being any enacted for the next year or two. Employers can expect this dramatic increase in immigration control activity at the federal level to continue in 2019. Affinity HR Group wishes you a happy holiday season and a great 2019!

Federal vs. State Overtime Exemption Rules for 2020

Zenefits

Permits up to 10% of nondiscretionary bonuses and incentive payments (such as commissions) to be included in the minimum salary level. 31, 2019, for employers with 10 or fewer employees. ComplianceYou’ve probably heard about the new federal overtime rule — mandating that employers raise the salary threshold for “white-collar” employees who are exempt from the Fair Labor Standards Act’s overtime provisions. This requirement alone is complex.

Girl Scout Cookies and Employment Law – Almost Everything That HR Needs To Know

The Employer Handbook

A bonus discrimination case involving the sale of Girl Scout Cookies gone terribly wrong. It’s not as if I give you HR-compliance blog posts practically every weekday without asking for anything in return. But, as further incentive for you to click , for those who purchase or donate five or more boxes, I will donate a box too. A bonus discrimination case. Won’t you help little Ivy Meyer achieve her Girl Scout Cookies sales goal?

The Small Business Guide to 401(k) Matching

Guideline

Between the tax advantages and this year’s higher contribution limits, employees have plenty of incentive to put money aside for retirement. So how does this important incentive work? That means employer matching contributions aren’t subject to the same tax treatment as forms of taxable compensation, like bonuses or raises. A matching contribution is a powerful incentive for them to get in the game and not walk away from “free money.”

The recruitment process: 10 things you need to master to succeed

Workable

Reporting, Compliance & Security – be compliant throughout the recruitment process. See our comprehensive list of job boards (updated for 2019) and list of free job boards to determine the best places to promote your new job opening. On the flip side, a beautiful careers page, positive online reviews from employees, and rich social media pages can give you bonus points, even if your brand is not widely recognized. In this case, a referral bonus could work as an incentive.

Solving the Engineer Shortage: 5 Tips for Hiring in the Auto Industry

InfoMart

August 29 2019. Advertise openings on social media and offer incentives to your employees for referrals. offer referral bonuses to incentivize current engineers to refer former colleagues. The WBENC -certified company is a founding member of the Professional Background Screening Association , and they have achieved PBSA accreditation in recognition of their consistent business practices and commitment to compliance with the FCRA.

How to Comply with the New Overtime Rules in 2020

Mitrefinch

Strategies for Compliance. As with any federally regulated, overarching change in employee compensation, there will certainly be challenges for compliance faced by businesses around the country. Employers would do well to evaluate their systems for several payroll items, including bonuses, overtime tracking, and daily time-keeping of time worked. Workers in the United States have long been known for their hard and dedicated work ethic.

Overtime threshold rising to $35,568 on Jan. 1

Business Management Daily

In addition to raising the overtime salary threshold, the final rule: Allows employers to use nondiscretionary bonuses and incentive payments (including commissions) paid at least annually to satisfy up to 10% of the standard salary threshold. Compliance guide for small employers: www.dol.gov/whd/overtime2019/overtime_complianceguide.pdf. The white-collar overtime threshold will increase to $35,568 on Jan.

Updated List of Cities and States with a Salary History Ban

Zenefits

Over three months into 2019, women will finally have earned in 15 months as much as men did in the past 12. April 2, 2019 is the date this year, representing an additional three months plus of work to women need to reach pay equity. Another reports that bonuses and other forms of incentive pay add to the problem. Albany, Suffolk (effective June 2019) and Westchester Counties in New York State. Compliance Culture

What is an ERISA Qualified Plan?

Zenefits

Non-ERISA qualified plans include tax-deferred compensation and bonus plans. A Savings Incentive Match Plan for Employees (SIMPLE) is another employer-sponsored IRA plan. Payroll ComplianceERISA is an acronym frequently thrown around in the world of HR, but what does it mean? ERISA stands for the Employee Retirement Income Security Act. The law sets the standards for pension and Welfare plans to protect employees and their beneficiaries.

Top priorities for HR due diligence in a corporate transaction

Bersin

Posted by Joseph Walker and Kenny MacDonald on June 21, 2019. These one-time costs could include severance, retention, equity awards, transaction bonuses, recruiting, non-compliance, and HR integration or stand-up costs. Defined benefit pension plans, existing retention payments, accrued severance, long-service leave, termination indemnities, deferred compensation programs, and accrued but unpaid bonuses, are a few examples of potential employee-related liabilities.

7 of the Best Appointment Scheduling Software Solutions for your Business

Homebase

This incentive alone is an excellent reason to give this platform a try and see how it stacks up to others you’ve tried in the past, or use it as a benchmark for future comparisons if you’re just getting started in your search. . Bonus points if the scheduling app comes with a native iOS or Android app. . HIPPA Compliance.

Performance Management Disrupted: Empowering Individuals and Teams to Do Their Best

Bersin

Insights from IMPACT posted on April 17, 2019. But in 2019, the debate about what works best still rages. Impact 2019. This is why process-focused approaches can stifle performance by focusing on compliance and competition at the expense of the human experience and meaning in work. The system tied bonuses to each team’s scorecard rating, so it incented them to work collaboratively.

The USDOL finally gives us the updated Overtime Rule!

OmegaHR Solutions

In a press release dated September 24, 2019, the Wage and Hour Division announced the changes, which were different from what they had announced last spring. To be exempt as an HCE, an employee must also receive at least the new standard salary amount of $684 per week on a salary or fee basis (without regard to the payment of nondiscretionary bonuses and incentive payments). Treatment of Nondiscretionary Bonuses and Incentive Payments.

6 Tax Breaks and Benefits for Small Businesses in 2020

Zenefits

As 2020 progresses, owners of small and medium-sized businesses are planning for the future and looking for ways to leverage tax cuts and incentives to grow and expand. If you missed any of the tax incentives from last year, it might not be too late to use them, as well. In September of 2019, the IRS issued a new rule that allows rental real estate enterprises the ability to qualify for the 20% QBI as well. Temporary first-year bonus depreciation. Compliance

Emmaus Partners with Kazoo to Amplify Culture

Kazoo

AUSTIN, Texas — October 11, 2019 — Emmaus Homes , a Missouri-based nonprofit providing around-the-clock services to adults with developmental disabilities, today announced the organization has increased employee engagement through its partnership with Kazoo , the all-in-one Employee Experience Platform that enables companies to build purpose-driven cultures of high engagement and high performance. .

Exempt vs. Nonexempt Employees: The Definitions Might Be Changing

Zenefits

Minimum FLSA compliance. Finally, employers would be able to count certain bonus and incentive payments (including commissions) toward a portion of the salary level. Misclassifying exempt vs. nonexempt employees, workers, or independent contractors is one of the most common reasons small businesses are fined– sometimes with amounts of up to millions of dollars.

Why all businesses should track employee time in 2020

Tsheets

million hours in TSheets in 2019. * That’s over 3.4 65% of hourly, and 41% of salaried employees track time to ensure accurate paychecks, according to QuickBooks’ 2019 State of Time Tracking Report. . On top of that, tracking time will become vital for compliance.

Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

Compliance. HR Management and Compliance. HR Compliance. What’s Wrong With Retention Bonuses? HR Compliance. HR Compliance. Employee Incentive Programs: Designing the Best Program. HR Compliance. World’s Most Attractive Employers 2019.