Overtime Rate MUST Include Bonuses and Commissions in Calculation
Published by James Peters January 17th, 2007 in Wages : OvertimeEmployers, either through ignorance or intentionally, often make big mistakes in calculating overtime rates of pay for their employees and these often turn into big claims by the employees for unpaid wages later on.
Overtime Rate NOT Just 1.5 Times Hourly Rate
To calculate an employee’s “overtime rate” of pay, you first have to calculate their “regular rate” of pay, [...]
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Q&A: Annual Bonus Not Necessarily Lost When Terminated
Published by James Peters December 31st, 2006 in Employment Contracts, Q&A, Wages : Other, Wrongful TerminationQ: My employer terminated me today (December 31, 2006). I was supposed to receive a $10,000 performance bonus for 2006, but one of the terms of my bonus agreement says that I have to be employed on January 1, 2007 to get my bonus. The company is not doing very well and [...]
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