Category
Bonuses
Create a Supercharged Employee Referral Program
Recruiting has been tough in recent years. We have many clients who successfully use an employee referral bonus program to supercharge their recruitment of talent. Employee referral programs accomplish three important objectives: (1) it engages employees in the business and adds excitement; (2) it pays current employees (instead of recruiting compa...
New Overtime Law Took Effect January 1, 2020
In case you missed it over the holidays, the newest Department of Labor regulation went into effect on January 1, 2020. Why does it matter? If your company pays employees on a salary basis (i.e. employee is exempt from minimum wage and overtime as an executive, administrative, or professional employee) then the minimum salary threshold necess...
Paying Non-Discretionary Bonuses (and proper OT) to Hourly Employees
Bonuses are great motivators for performance and a meaningful way to recognize employees that deliver excellent results for your business. If your company plans to pay overtime eligible employee (hourly) bonuses (on a quarterly or annual basis), you need to follow the rules in the Fair Labor Standards Act (FLSA). To help employers, the Wage......
Equivalent Job Restoration and Bonuses for Employees taking FMLA
When an employee returns from FMLA leave, he or she must be restored to the same job that the employee held when the leave began or to an “equivalent job.” The employee is not guaranteed the actual job he or she held prior to the leave. An “equivalent job” means a job that is virtually......
It’s Holiday Bonus time! 4 compliance tips for Employers
Many companies provide a holiday/Christmas bonus or year-end bonus to some or all employees in December. There are several important rules about bonuses that every employer needs to know. When planning your bonus plan, and calculating a budget, consider the following important reminders: Bonuses that are discretionary (meaning, the company deci...
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