Remove Bonuses Remove Engineering Remove Overtime Remove Salary
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Expert Q&A: Understanding the DOL’s Overtime Rules

HR Digest

The overtime rules went into effect on January 1, 2020. Under the new proposal, people earning a salary level of $679 for 40 hours per week (about $35,308 annually), will be eligible for overtime pay based on varied duties. Six discussions were held, and it was decided that the present compensation for overtime was inadequate.

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Exempt vs. non-exempt employees: Navigating worker classification

Higginbotham

Such positions often require a salary that meets or exceeds a specific threshold rather than hourly pay. These workers are usually paid hourly and are eligible for overtime pay and minimum wage protections due to the nature and hours of their work.

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FLSA status — exempt vs non-exempt, what do employers need to know?

Business Management Daily

The FLSA establishes federal minimum wage, overtime pay requirements, employer recordkeeping standards, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. How you classify your employees will determine whether they are eligible for overtime. Exempt vs. non-exempt.

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The 5 Rules for Selling a Position

Hppy

In the technology, engineering, and pharmaceutical fields, the task of recruiting specialists such as senior developers and data scientists can be particularly challenging as they’re heavily in demand. Sure, everyone wants a solid paycheck, but if you lead with salary, you could fail to convince candidates that the job is for them.

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9 Sure Shot Ways To Reduce Employee Attrition

Vantage Circle

But what if we surprisingly remove all the benefits that an employee is entitled to and just compensate them with their salary? The remaining employees are often required to do overtime and extra work without any added compensation. And he was also giving his team bonuses for failing! Who does not love their share of benefits?