Remove 2020 Remove Bonuses and Incentives Remove Compensation Remove Guidelines
article thumbnail

Another New Year- Time to Think About Bonuses

Affinity HR Group

With 2019 over and at the dawn of a new decade, it’s an ideal time to think about bonuses for 2020. Organizations of all sizes and across all industries use bonus programs as an important component of total compensation. Discretionary Bonuses. Non-Discretionary Bonuses. Annual Incentive Bonus.

article thumbnail

Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

June 3, 2020. Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. How are “payroll costs” defined under the PPP?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Compensation During the Coronavirus Pandemic: A Crash Course

Fond

This is a critical time to go over your own business’s compensation strategies and understand how exactly the pandemic will affect them, both in regards to immediate considerations and what lies ahead in the future. . Immediate Considerations Concerning Compensation. New Legislation.

article thumbnail

Executive Compensation: Taking Charge of Your Org’s Approach

Astron Solutions

.” They’re talking about your organization’s CEO, and you can see that there’s some clear dissatisfaction among the employees at your organization when it comes to how they’re compensated versus how much your executives get paid. Specifically, we’ll cover the following: What is Executive Compensation?

article thumbnail

21 Best Employee Engagement Strategies To Use [in 2023]

Analytics in HR

But while employee autonomy may vary from one company to another and even from one team to another, there are a few characteristics of workplace autonomy that we can distinguish: Employees have a certain decision-making power Managers assign projects, deadlines, and guidelines, but they trust their team members to complete the job.

article thumbnail

How to Give Your Employees a Raise Using the FLSA Overtime Rule Amendment

ConnecTeam

The FLSA sets the standards for minimum wage that employers must pay most of their employees, and it also sets guidelines for mandatory overtime pay: An employer who requires or permits an employee to work overtime is generally required to pay the employee premium pay for such overtime work. Everyone likes bonuses and incentive payments.

article thumbnail

Fundamentals of Executive Compensation

Decusoft

Are you new to the world of executive compensation? Do you want to make sure you have the foundational skills you’ll need to create executive compensation programs that will help you cultivate, inspire, and keep the talent you’ll need to meet your company’s goals? What is executive compensation ? Base salary.