Compensation

Latest Discussions

  • The duration of the break doesn't matter for an exempt because this wouldn't be a legal deduction from the fixed salary. To answer your question about the 20 minutes, though, here's a link to a summary of the FLSA rules for breaks of less than 20...

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    RE: Bonus Formulas

    _ The higher the position is in the organization, the higher the % for Company Performance. Generally for a high level manager, the mix is 50% Company Performance, 25% Individual performance and 25% individual goals.

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    Bonus Formulas

    What do you use to determine how much of a targeted bonus should be paid? What percent is based on Company performance, individual performance, competencies, other? I am at a small Private Equity firm and we are trying to establish a formula to use...

  • Good Morning, We’re planning to hire a VP of our Mortgage Lending area, reporting to the CLO, and I’m wondering if any of you have a salary range / bonus plan in place for a comparable position. Our MLOs are primarily...

  • _ You cannot deduct from the exempt employee's pay. Is the intent to track the amount of time spent? If the employee is spending too much time on break and/or not meeting performance standards, the manager should address it. For non-exempt employees,...

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