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.
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.
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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.
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. Their overtime pay can be calculated using the fluctuating workweek overtime method.
Employee Benefits
MAY 17, 2023
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. A four-day week affects an employee’s working hours, but also has a knock-on effect on other policies, particularly annual leave, overtime and time owed in lieu (TOIL).
Employee Benefits
NOVEMBER 7, 2023
The employees, who had already been carrying out an overtime and rest day working ban in pursuit of an improved pay offer, stated that the strike action is due to Keolis Amey Docklands offering a pay rise that is less than half the rate of the retail price index increase. There may be minor disruption on Thursday 9 November.
Insperity
JUNE 18, 2014
Are you still trying to schedule your retail employees using an Excel spreadsheet? But, there are ways to take the hassle out of retail scheduling with time tracking software. Get a handle on overtime. Schedule changes can wreak havoc in your overtime budget. It’s accurate for about 20 minutes – then the changes start.
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