06/08/2011
Q. Are there specific rules on when I must pay my employees?
|
04/11/2011
Every employee of Alaska Air Group pocketed an extra month’s pay in February when the organization paid record annual bonuses totaling $72 million. The 9% bonuses came after the airline’s 12,600 employees helped the organization exceed its 2010 operational and financial goals.
|
04/06/2011
A group of volunteer firefighters for the Amityville Fire Department will share $209,280 after they settled a lawsuit alleging discrimination in the way cash bonuses were handed out.
|
03/04/2011
Q. We want to offer incentive bonuses to hourly workers in order to increase business and productivity. Will these bonuses affect the employees’ “regular rate” under the Fair Labor Standards Act (FLSA) for purposes of overtime calculation?
|
02/09/2011
Q. Many of our employees are eligible for a bonus at the end of each year if they meet specific yearly sales goals. Are we required to prorate the bonus for employees who fail to meet their goals because they took FMLA leave during the year?
|
02/01/2011
After two years of painful payroll reductions, there’s enough light at the end of the recessionary tunnel for some employers to begin considering pay raises. In many organizations, pay hikes will come in the form of variable compensation plans. Experts say two tactics can help HR pros create variable pay plans that strike a balance between risk, reward and fiscal stability.
|
01/25/2011
After two years of painful payroll reductions, there’s enough light at the end of the recessionary tunnel for some employers to begin considering pay raises. In many organizations, pay hikes will come in the form of variable compensation plans. Experts say two tactics can help HR pros create variable pay plans that strike a balance between risk, reward and fiscal stability.
|
12/20/2010
Now that the worst of the economic crisis seems to have passed, Berlin, Germany-based electronics and powerhouse Siemens in December said thanks to its employees worldwide with “special payment” bonuses totaling $430 million. Nonmanagement employees in the United States received almost $100 million.
|
12/09/2010
A recent state Supreme Court decision highlights one of the unique problems facing employers: While a pay practice may be valid under state law, it may be illegal under federal law. To ensure they’re in full compliance, employers must be prepared to change their pay practices to conform with the most restrictive law.
|
11/25/2010
Q. Everyone has been working extra hard this year, especially our exempt salaried employees. We want to reward them with extra pay. Can we pay them overtime if they put in more than, say, 50 hours in a week? Or is it better to offer a one-time bonus? I don’t want to affect their exempt status.
|
11/19/2010
Here’s something to include in your regular supervisory training sessions: Remind everyone that they should banish from their vocabularies any slang or colorful terminology that hints at age discrimination. “Ageisms” can make legitimate business decisions like altered compensation plans, new job duties and other necessary changes look like pretexts for getting rid of older workers.
|
11/11/2010
Unless a lame duck Congress acts by Dec. 31 to keep some of the so-called “Bush tax cuts,” tax rates will increase on Jan. 1, 2011, as pre-2001 rates go back into effect. That’s bound to upset employees who will find themselves with less take-home pay.
|
11/01/2010
Issue: Scheduling employees during the holidays can cause logistical and legal headaches.
Risk: At the least, hurt feelings and dampened morale. At the worst, a messy religious-discrimination lawsuit.
Action: ...
|
10/26/2010
Making variable pay work requires lots of interaction throughout the organization before, during and after implementation. As the business unit most likely in charge of implementation, it’s up to HR to make sure that happens. Here's how to do it.
|
10/06/2010
The days of organizations handing out bonuses like Halloween candy seem to be over. While employers have returned to awarding bonuses in 2010, they’re attaching more strings than ever and are more likely to look at “hard” financial performance metrics when making variable pay decisions.
|