Search CompleteMarkets

... Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Calculating "Bonus" Overtime Wages 1/14/2015 12:00:00 AM by Don Phin This content has not been rated yet. CALCULATING "BONUS" OVERTIME WAGES by Don Phin Many employers are freezing wages, telling employees that any additional pay will come in the form of a bonus if they or the company does well. A California decision (Marin v. Costco) serves as a reminder that paying ... non-exempt, sued Costco for its alleged failure to pay overtime wages on the "non-discretionary" bonus it paid to these employees. Under the Federal Fair Labor Standards Act and the California Wage Orders, employers must calculate overtime based on the employee's "regular rate of pay." The employer must compute this rate each workweek, and becomes significantly more complex if an employee's compensation involves more than just an hourly wage, such as profit sharing or productivity bonuses. For each workweek, the employer must total all the compensation paid, but exclude overtime payments, profit sharing, discretionary bonuses and other benefit plans, and then divide the total number of hours worked, up to 40, to determine the regular rate of pay. Significantly, non-discretionary bonuses, such as those earned by meeting performance standards, ...

Calculating "Bonus" Overtime Wages
CALCULATING "BONUS" OVERTIME WAGES by Don Phin Many employers are freezing wages, telling employees that any additiona... triggers additional overtime payments and (2) the method for calculating the ...

...provide the freedom, challenge, or wages that a good salesperson would require...ain the appropriate information nation and keep your list constantly updated. ...

... the rules are administered by the Wage and Hour Division of the U.S. Departme...E DISCUSSING RELATIONSHIP BETWEEN FMLA AND COBRA Notice 94-103The Family and Medical Leave Act of 1993 ('FMLA'),...

... . Simmons Petroleum Corp., 1981) . For example: Factory representatives who advise their customers on the operation, maintenance, and repair of a complicated piece of equipment are demonstrating a skill. Factory representatives who advise their customers on various adaptive uses of the same equipment are exercising discretion and independent judgment. Because of the blurred distinction between highly skilled work and work requiring discretion and judgment, the Wage and Hour Division of the Department of Labor issued a regulation (Public Law 101.583) that permits some workers in the computer software field to be classified as exempt even if they're paid hourly. The law allows highly skilled computer software employees who are paid hourly to be classified exempt if: Their jobs meet the primary duty requirement in one or more of the FLSA exemption tests, and They're paid ... . I've reviewed this every way to Sunday. In my opinion, under no circumstances will a true customer service rep position ever pass the FSLA exemption test. Among the exceptions to the Act, the most frequently applied are the executive, the professional, and the administrative exceptions. An employee who has supervisory authority over other employees and is paid a salary (that is, not paid on an hourly basis) is considered an executive. A professional employee is generally an individual whose work is based on an advanced degree, such as a lawyer or doctor. The administrative exception is relatively narrow, limited to the confidential secretaries of certain executive-level employees. Individual employees who fall into one of these three exceptions are exempt' from overtime calculations. A quick overview of each of these might lead one ...

...sue for double the unpaid overtime wages over the entire period of their job t...ement will review e-mail transmissions and will enforce the rules. Make sure t...

...y of compensating workers for lost wages because of sickness or injury. Depend...s payroll records by hours worked and wages earned in each state so that he can differentiate and pay accordingly.

... masochistic! In comparison, most employees inevitably will fall short. Even if employees were masochistic, they probably still wouldn't work excessive hours (unless they had very dull lives), because no one pays them to do so; their schedules are arranged so they don't go into overtime. For an agency owner, long hours result in tens, or even hundreds of thousands of dollars. For the wages most CSRs receive, I'm often amazed at how hard they actually do work. In most of the agencies I visit, I find hard workers with good attitudes who really care about their customers and their agencies. They also have families they prefer to spend time with before and after work. As a small-business owner, I know it's nearly impossible for principals to limit their workdays to 8 a.m. ... /2013 12:00:00 AM by CompleteMarkets Editor , Chris Burand This content has not been rated yet. Many agency owners lament their staff's lack of a work ethic. Agency owners typically judge their employees' work ethic against their own, which often border on masochistic! In comparison, most employees inevitably will fall short. Even if employees were masochistic, they probably still wouldn't work excessive hours (unless they had very dull lives), because no one pays them to do so; their schedules are arranged so they don't go into overtime. For an agency owner, long hours result in tens, or even hundreds of thousands of dollars. For the wages most CSRs receive, I'm often amazed at how hard they actually do work. In most of the agencies I visit, ...

... employer needs to deal hiring low wage earners who are seldom motivated towar...nse of belonging enhances cohesiveness and communication, whether it comes fro...

...k and getting paid a man's minimum wage (50 cents an hour, if my memory is co...FL 32540 If you liked this article and you use national consultants, convert my rate to theirs and send much more. Thank you for your ...