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The New #FLSA Overtime Changes: Make Sure Company Policies Are Aligned

HR Bartender

Employers will be allowed to use nondiscretionary bonuses and incentive payments (including commissions) to satisfy up to 10 percent of the new salary threshold. In case you missed it, here’s a short summary of the ruling : The Department of Labor has set the new standard salary level at $913 per week or $47,476 annually.

Paycom 150
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Invest in Your Bottom Line: Financial Wellness in the Workplace

DailyPay

As with getting large groups of people to do anything, it’s wise to set up a system of incentives. You can't force an employee to comply with a financial wellness program, so we see incentives used more frequently. Those incentives can range from small, one-time bonuses to subsidized sessions with a financial planner." ( SHRM ).

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Total Reward Statements—Show Employees You’re Invested in Them

HR Daily Advisor

Help is available in the free white paper from PayScale, Attack of the Out-of-Date Comp Plan. This includes base salary, overtime, bonuses, incentives, and commissions. Need to revisit your compensation plans for 2015 but don’t know where to start? Learn More. What Is a Total Reward Statement?

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How to Painlessly Communicate Employee Equity Compensation Programs

GuideSpark

It is clear that employee equity compensation plans have moved beyond a simple financial incentive and now are an essential component of companies’ recruitment and retention strategies. Take a look at some additional resources: White Paper: Top Strategies for Effective Compensation Conversations. Want to learn more?

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Financial Wellness Benefits for Your Employees

DailyPay

As with getting large groups of people to do anything, it’s wise to set up a system of incentives. “You can’t force an employee to comply with a financial wellness program, so we see incentives used more frequently. . Those incentives can range from small, one-time bonuses to subsidized sessions with a financial planner.”

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2021 Could Be the Year The Equality Act Becomes Law

Trusaic

Also included among protections under Title VII are fringe benefits , which means employers cannot discriminate against employees receiving benefits such as medical, retirement, and bonus incentives. The Equality Act would expand Title VII protections to individuals on the basis of sexual orientation and gender orientation.