article thumbnail

4 ways to create fair work schedules that your employees will appreciate

Insperity

Likewise, how employees want to use paid time off (PTO) should not affect whether you approve or deny their request. Instead of weighing the merits of who’s the most deserving of requested PTO, consider granting approval for time off on a first-come, first-served basis. Be careful how you interpret overtime and “comp time”.

PTO 85
article thumbnail

3 Types of Compensation Packages To Consider and Why

Achievers

Salaried employees are paid a set annual amount, and provided that amount is more than $23,660 per year, they do not receive overtime pay. The commission can include (but is not limited to) a percentage of personal sales, a percentage of team sales, bonuses, or overtime pay,” writes Maddux. Straight salary compensation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Simple steps to create an employee handbook

Business Management Daily

If you need templates for all of the policies, check out Business Management Daily’s Book of Company Policies. These employees are exempt from being paid overtime. Nonexempt employees are entitled to overtime pay if they work over 40 hours in a workweek. Also provide information on overtime pay, meal periods, and breaks.

article thumbnail

Overworked employees: 6 warning signs to watch for

Insperity

Beware of comments such as, “I practically live here,” or “I wish I could take a vacation, but I would have to work 40 hours extra just to take one,” or “I can’t remember the last book I read for fun.” Provide lunch or snacks to employees who work overtime. Getting to the bottom of burnout.

article thumbnail

Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Paid Time Off Benefits PTO benefits give employees time to rest, recover, and spend with family. Here's a closer look at three jewels in the PTO crown: Vacation Vacation time allows employees to explore the world, relax on sandy shores, or unwind at home. They are valuable for employee well-being.

article thumbnail

How to create, implement and enforce a time and attendance policy

Insperity

They tend to prefer open-ended paid time off (PTO) to allow more time to attend to family obligations, enjoy more travel opportunities and even engage in volunteer activities – with the caveat that as long as work gets done, it’s OK. Keep in mind that overtime worked can increase the average or expected annual accrual.

article thumbnail

In-Depth Guide to the Timesheet Approval Process

Business Management Daily

Nothing will eat up an organization’s profits more than overtime, so you must keep a close eye on your employee’s work hours. If you keep track of requested days off (such as in a PTO book), use it to double-check the employee’s punches. Controlling costs.

Payroll 52