article thumbnail

SCOTUS to hear overtime pay case involving worker who earned $200K a year

Zenefits

The company said the man was paid $200,000 in 2015 and 2016. If an employee “regularly receives a predetermined amount of compensation each pay period,” whether weekly, bi-weekly, or monthly, they are a salaried employee. Therefore, it did not have to pay the former employee overtime compensation. According to the U.S.

article thumbnail

Penalties for Benefits Noncompliance

Zenefits

HHS’s penalties increase annually under the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The adjustments became effective for fines levied on or after March 17, 2022, for any violations that occurred on or after November 2, 2015. Improve our virtual onboarding experience. Automate payroll.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

What is Constructive Discharge and How Can It Hurt Your Business? 

Zenefits

About 300 workers will see compensation of tens of thousands of dollars each. Those forced to quit because of ‘intolerable working conditions created by the hostile work environment’ will see similar compensation to those fired or those who chose to stay. Improve our virtual onboarding experience. Terminated employees.

article thumbnail

Employee Value Proposition: All You Need to Know

AIHR

Pawar and Charak (2015) define the employee value proposition as the one of a kind arrangement of benefits an employee gets consequently for the skills, capabilities, and experience they convey to an organization. Compensation The first element in the employee value proposition framework is compensation, or compensation and benefits.

article thumbnail

What Is Job Abandonment and How To Prevent It? [Practical Guide]

AIHR

Having to onboard replacement hires also affects productivity until they get up to speed. This includes paying out all the compensation the former employee is due and offering a transition to COBRA for health benefits, if applicable. Productivity loss : Producing expected output is challenging when tasks are delayed or reallocated.

article thumbnail

How SMBs Can Start Closing the Pay Gap Now

Zenefits

Between 2015 and 2017, Salesforce spent $6 million to raise their female employees’ pay to match their male counterparts’. Improve our virtual onboarding experience. Improve our virtual onboarding experience. If so many company heads believe the wage gap is worth closing, why aren’t more employers onboard? Time (13%).

article thumbnail

Making Sense of HR Best Practices in 2023

Walk Me

These activities include actions relating to: Recruitment Onboarding Performance management Employee engagement Training and development Diversity and inclusion Health and wellness Compliance Technology These things are all important. But, without a deeper set of principles, it may be difficult to align HR activities with your business goals.