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Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?


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This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

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May 08, 2009
Merchandise Could Be Great Employee Benefit
Given the option, many workers would be inclined to purchase merchandise like computers and appliances through payroll deduction, according to a new survey.

According to the Harris Interactive® opinion poll, sponsored by Purchasing Power (www.purchasingpower.com), 76% of full time workers whose companies provide them with employee benefits said they would purchase a desktop or laptop computer, high definition television, home appliance (such as a washer, dryer or refrigerator), power tools and/or a lawnmower in the next year if credit or financing were not issues for them.

Not surprisingly given the economy, many consumers are delaying such purchases. But when asked how likely they would be to make such a purchase that could be paid for through payroll deduction, 45% said they would be ‘somewhat likely’ to purchase a computer; 38% a high definition TV; and 37% a large home appliance.

“Providing non-traditional voluntary benefits as part of the benefit package is a logical service employers can offer their employees, especially in today’s economic climate, to help them acquire life-enhancing products should they choose to do so,” said Richard Carrano, Purchasing Power’s President and Chief Financial Officer. “Although it’s a benefit fully paid for by the employee, offering this type of employee benefit helps employers show they care about their employees and want to help. Adding a benefit like this also helps raise employee morale in today’s economic environment.”

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!
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Top 100 FLSA Overtime Q&As
   
   
 
 
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