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Steps to take ahead of possible DOL change in exempt salary qualifications

BMT Office Administration

The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. Review job descriptions You can use this time to conduct a job description survey of all employees. This isn’t an anonymous survey, so employees may be skittish about completing it.

Salary 52
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New overtime regulations are open for comment

BMT Office Administration

Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. You need to use this time wisely to determine the impact final regulations may have on your payroll by auditing your employees and your pay policies. You have until Nov. 7 to comment.

Payroll 52
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Merit Pay Raises: Why They're More Popular and How to Get One

On The Job

According to an Aon Hewitt survey of 1,062 companies, an average of 12.5% of payroll is targeted for incentive and bonus pay in 2018. Two-thirds of the employers surveyed report they will use merit pay to reward workers who are doing a good job or those who need to improve. Start shaking hands.

Payroll 114