Employee Benefits
APRIL 17, 2024
With the cost-of-living crisis enduring, employees from some sectors are likely to be seeking additional hours, usually through taking on overtime. We gave employees in stores and plants an incentive to finish their work on time, whereas premium overtime rates provided an incentive for them to work as long as possible,” he says. “We
Employee Benefits
NOVEMBER 20, 2023
Examples of these are our Tusker car initiative, which now has 250 users, and presenting available retail discounts just before Christmas as a timely reminder. The TRS outlines what employee benefits have been on offer for the past 12 months. Offering choice is key,” he concludes.
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HR Bartender
JULY 21, 2015
Department of Labor (DOL) published its proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). Under the Act, to be exempt (from overtime), an employee must meet 3 requirements: The employee must be paid a minimum weekly salary; The employee must be paid on a salary rather than on an hourly basis.
Patriot Software
JANUARY 21, 2019
You’re likely familiar with the Fair Labor and Standards Act’s (FLSA’s) rules on overtime pay. But when you have employees who work varying schedules, you might be able to calculate overtime using the fluctuating workweek method. For example, the employee would earn the same weekly salary whether they worked 35 or 40 hours.
Employee Benefits
MAY 17, 2023
If it is correct that productivity is not negatively impacted, a four-day working week provides a way to recruit and retain without the cost burden of increasing salaries. For example, shift-based industries such as retail and restaurants may find it very difficult to reduce shifts without reducing pay or seeing a drop in productivity.
Business Management Daily
DECEMBER 1, 2020
In addition, They also receive overtime at time-and-a-half for hours in excess of 40 per workweek. Exempt workers generally receive a set salary for all hours worked – no matter how many. They receive no overtime. Putting on masks, gloves, and face shields in retail settings is a closer call. Exempt administrative.
Business Management Daily
JULY 29, 2020
Even so, most employees commuted to an office, retail location or other physical location. Some states, including California, require overtime for hours worked over 8 in a workday.) You are free to tell hourly teleworkers that they may not work overtime without prior approval. Each has slightly different requirements.
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