HR Bartender
MAY 22, 2016
Specifically, employers can include non-discretionary bonuses, incentive payments and commissions to satisfy up to 10 percent (10%) of the minimum weekly salary. The effective date of the new rules is December 1, 2016. The 2016 #FLSA Overtime Changes: Here’s What #HR Needs to Know Click To Tweet.
AssuredPartners
MARCH 27, 2019
This is significantly lower than the $913 minimum weekly salary level that the DOL set in its 2016 final rule (which never took effect due to a federal court injunction).The This is significantly lower than the $913 minimum weekly salary level that the DOL set in its 2016 final rule (which never took effect due to a federal court injunction).The
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Business Management Daily
SEPTEMBER 24, 2019
In addition to raising the overtime salary threshold, the final rule: Allows employers to use nondiscretionary bonuses and incentive payments (including commissions) paid at least annually to satisfy up to 10% of the standard salary threshold. The DOL announced the new threshold on Sept.
Hireology
AUGUST 8, 2017
This year’s Amazon Prime Day broke records, with sales reaching 60% higher than Prime Day in 2016. A decreased focus on sales means commission-based pay plans are no longer working. AutoNation recently rolled out a new pay plan offering sales people a base salary plus bonus, rather than the traditional commission-based structure.
Hireology
MAY 17, 2017
This is more important now than ever, as many dealerships are moving to base plus bonus pay plans , rather than commission-based pay plans, and you don’t want an employee who isn’t moving inventory to make a comparable salary to a 12-car-a-month employee. The customer experience also impacts online reviews.
HR Bartender
JULY 19, 2016
Employers will be allowed to use nondiscretionary bonuses and incentive payments (including commissions) to satisfy up to 10 percent of the new salary threshold. A mechanism for automatically updating threshold levels every three years has been established. These changes go into effect on Dec.
Hireology
AUGUST 1, 2019
The study found that as of 2016, 33 percent of non-dealership employees indicated they would be interested in dealership roles and this number has dropped to 25 percent. To address this, many dealerships – including AutoNation – have implemented base salary plus bonus pay plans, rather than having employees rely exclusively on commission. .
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