Overtime pay calculation – are you doing it correctly? Overtime pay calculation – are you doing it correctly? Wednesday, July 3, 2019 To calculate overtime pay for non-exempt hourly employees correctly, one should first determine a few things. Read more
US DOL sets salary level test threshold at $35,308/yr US DOL sets salary level test threshold at $35,308/yr Monday, March 11, 2019 Last week, the U.S. Department of Labor published its new proposed rule raising the Fair Labor Standards Act (FLSA) “white collar” exemption to $35,308/year or $679/week from $23,660/yr. or $455/week. Read more
Reasonable compensation and S Corporations Reasonable compensation and S Corporations Monday, January 7, 2019 Unlike a C corporation, which itself pays the tax on its taxable income, an S corporation does not directly pay taxes on its income; instead, its income, losses, deductions, and credits are distributed across its shareholders’ individual tax returns on a pro rata basis. Read more
Important changes for 2019 payroll Important changes for 2019 payroll Thursday, December 13, 2018 Prepare now for the following payroll changes that will take effect on January 1, 2019, and also consider some actions to take before year-end. Read more
Three payroll updates that will affect you and your employees Three payroll updates that will affect you and your employees Tuesday, September 11, 2018 Read more
When is travel time work time under FLSA? When is travel time work time under FLSA? Thursday, April 19, 2018 Calculating time worked for non-exempt employees who travel for their job is a challenge for many employers. Read more
Salary speaks louder than gender Salary speaks louder than gender Wednesday, April 11, 2018 We’ve discussed impending changes in the way salaries are approached in today’s market. Read more
Fluctuating workweeks and proper compensation Fluctuating workweeks and proper compensation Monday, March 26, 2018 When an employee’s workweek fluctuates above and below 40 hours, employers need to understand what they can and cannot do when it comes to payment of wages and overtime. Read more
7 steps to a market-based compensation program 7 steps to a market-based compensation program Thursday, March 8, 2018 Having a market-based compensation program is one way to ensure that a company remains competitive. Read more
Pay: The essential feature of any recruiting and retention program Pay: The essential feature of any recruiting and retention program Monday, February 19, 2018 A sound compensation plan will not guarantee success in recruiting and retention, but the lack of one can guarantee failure. Read more