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Why Today’s Incentive Thinking Is Different

Achievers

Those days are gone, and today’s employers are quickly learning that engagement stems from different kinds of incentives — ones that impact an employee’s emotional, rather than financial, health.” Employees were frequently paid at a piece rate, providing them with a straightforward pay incentive to be as productive as possible.

Bonuses 170
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Is Paying Your Employees Overtime Mandatory?

Abel HR

Per the DOL, “overtime must be paid at a rate of at least one and one-half times the employee’s regular rate of pay for each hour worked in a workweek in excess of the maximum allowable in a given type of employment.” ” But some employees are paid by the hour, some are salaried, and some receive a piece rate.

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NJ Rates to Rise in 2024

Workers' Compensation

Raising and aggressively enforcing the minimum wage signals to employers and workers alike that New Jersey values its workforce,” said Labor Commissioner Robert Asaro-Angelo. MINIMUM WAGE Under the law, some employers are allotted more time to reach the $15/hour minimum wage. hour, with employers able to claim a $9.87

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New Jersey’s Minimum Wage to Increase to $13/Hour for Most Employees on Jan. 1

Workers' Compensation

Under the law, seasonal and small employers were given until 2026 to reach $15 per hour to lessen the impact on their businesses. Employees who work on a farm for an hourly or piece-rate wage will see their minimum hourly wage increase to $11.05, up from $10.44. hour, with employers able to claim a $7.87 hour on Jan.