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. That is, unlike before, employers now can include certain non-discretionary compensation toward the minimum salary. There is one bit of good news for employers. What if you can’t keep up?

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HR Planning Bonuses and Incentives Compensation Competencies 252

HRWatchdog

MARCH 14, 2019

According to the DOL, this increase could result in more than a million additional American workers eligible for overtime compensation. 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. Yes, you do.

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Bonuses and Incentives Compensation Meeting 77

Compensation Cafe

DECEMBER 3, 2014

Part 1 of this series argued that employee compensation has become a stagnant field. 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. However, incentives are difficult to design, implement and maintain.

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Bonuses and Incentives Planning Tools Compensation System 63

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. The Bureau of Labor Statistics reports that between 2008 and 2013, 55% of the Compensation and Benefits Manager positions in the U.S.

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Bonuses and Incentives HR Software Benchmarking Compensation 70

The Employer Handbook

MARCH 8, 2019

This salary level was set in 2004. But, wait, there’s more (from the actual proposed rule ): In this rulemaking, the Department proposes to … allow the inclusion of certain nondiscretionary bonuses and incentive payments to count towards up to 10 percent of the standard salary level. territories.

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Bonuses and Incentives Compensation Data Industry 55

HR Morning

SEPTEMBER 24, 2019

million workers who will now be compensated for putting in long hours — but it’s a bitter defeat for the 2.8 The new thresholds account for growth in employee earnings since the currently enforced thresholds were set in 2004. The increases to the salary thresholds are long overdue in light of wage and salary growth since 2004.

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Bonuses and Incentives Compensation Industry Meeting 40

Zenefits

JANUARY 21, 2020

Raised the total annual compensation level for “highly compensated employees (HCEs)” from the currently enforced level of $100,000 to $107,432 a year. Allows employers to use nondiscretionary bonuses and incentive payments that are paid annually to satisfy up to 10% of the standard salary level.

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Bonuses and Incentives Hiring Software Compensation Industry 41