Remove Bonuses Remove Overtime Remove Paid Sick Leave Remove PTO
article thumbnail

Regular rate calculation gets a makeover

Business Management Daily

Nonexempt employees who work longer than 40 hours in a week must be paid overtime at 1.5 15, 2020, allow you to offer more perks to nonexempt employees without having to include those perks in their regular rate calculation when you’re figuring their overtime rate. Cash payments for unused paid leave, including paid sick leave.

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

JOB SATISFACTION

HR Management Activities

Offering rewards for good attendance, giving bonuses for missing fewer than a certain number of days, and “buying back” unused sick leave are all positive methods of reducing absenteeism. One of the most effective absenteeism control methods is to provide paid sick-leave banks for employees to use up to some level.

PTO 40