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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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January 18, 2008
Most Year-End Bonuses Given 'Across the Board'
Most employers gave out bonuses at the end of 2007, and the majority of those that did gave them to all employees as opposed to just high performers or top line management only, according to a Compensation.BLR.com poll.

When asked "Did your company give end-of-year bonuses in 2007?," 39 percent responded "Yes, merit increases were given across the board." Meanwhile, 10 percent responded "Yes, to top line management/executives only" while 6 percent responded "Yes, to certain high performers only." Less than half (44 percent) responded that their company did not give end-of year bonuses.

A well-functioning bonus program can yield increased productivity, improved morale, and numerous other benefits. To get the most out of any bonus plan, consider how it is worded, implemented, monitored, and reviewed. For a policy planner on bonuses, view our legal analysis on Bonus Payments. [Trial or subscription to Compensation.BLR.com required.]

The Compensation.BLR.com poll included 573 respondents.

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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