Remove Overtime Remove Retail Remove Salary
article thumbnail

Proposed 2015 DOL Overtime Rule Changes: Primary Duty Test

HR Bartender

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.

Overtime 133
article thumbnail

How to strike a balance between managing staff wellbeing and financial pressures

Employee Benefits

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. “We

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Benchmarking Salaries Across Industries in the UAE 2024

Bayzat

To appeal to the best brains, many corporations now offer appealing employee benefits, focusing on better salaries and remunerations. As of 2024, many major UAE industries have increased their salaries in strategic positions to attract and sustain employees with great skill sets.

Salary 52
article thumbnail

UK Power Networks uses total reward statements to boost engagement with benefits

Employee Benefits

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.

Retail 105
article thumbnail

Calculating Overtime When Your Employee Works a Fluctuating Workweek

Patriot Software

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. For example, the employee would earn the same weekly salary whether they worked 35 or 40 hours.

article thumbnail

Joanna Powis and Alison Heaton: Is a four-day week the future of work?

Employee Benefits

If it is correct that productivity is not negatively impacted, a four-day working week provides a way to recruit and retain without the cost burden of increasing salaries. 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.

article thumbnail

Employee retention strategies to overcome the Great Resignation

Business Management Daily

Retail and food workers who were hailed as heroes and paid higher wages at the start of the pandemic don’t want to go back to minimum wage. Allow salaried employees to adjust their hours to leave early or start late one day a week if needed and make up the time elsewhere. Conduct regular employee and salary reviews.