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Proposed 2015 DOL Overtime Rule Change: What #HR Needs to Know

HR Bartender

On July 6, 2015, the U.S. The overtime rule changes are significant and fall into two categories: salary basis and primary duties test. Today we’re going to cover the salary basis part of the proposal. What are the changes being proposed to the minimum salary? We’ll address the primary duties test in a separate post.

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Proposed 2015 DOL Overtime Rule Changes: Primary Duty Test

HR Bartender

As you know, on July 6, 2015, the U.S. 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. You can check out that post here. You’ve been so great to share this with us.

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Financial Planning During Uncertain Times

Money Talk

For example, a salary or steady self-employment earnings, rental properties, investment returns, and/or a “side hustle” (freelancing). for the fifteen years ending in August 2015. Of course, investing for long-term goals should, ideally, have been occurring without interruption during the pandemic. company stocks, was 6.4%

Finance 273
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How to negotiate a higher salary

HR Digest

Salary negotiation is a completely normal and acceptable part of the employment process. Your salary is more than a figure that gets deposited in the bank account. If you love your job and want to keep it, there’s no question that you should negotiate a higher salary keeping these factors in mind. HOW TO NEGOTIATE YOUR SALARY.

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Understanding the Power Behind Employee Happiness

Achievers

In 2015, only 32 percent of workers say they’re “engaged” at their jobs. Furthermore, the cost of replacing an entry-level worker is 30 to 50 percent of their salary. Replacing top workers can cost a staggering 400 percent of their annual salary. Let every worker, regardless of salary level, have a say in how things are done.

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10 features Workday should deliver - yesterday!

Ahmed's Universe

Back in 2015, I wrote a critical open letter to Dave Duffield (whom I met and chatted with at the 2007 HR technology conference in Chicago when Workday was a 2-year-old infant) and Aneel Bhusri, Workday’s co-CEOs, about some issues that the company needed fixing in Europe. The answer is an emphatic YES! Is everything perfect with it?

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How to Protect Your Company from High Employee Turnover

Achievers

Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. The dimensions of the problem.