Employee Compensation


Q:	What is FLSA?
Q:	What is the current minimum wage?
Q:	What is the youth sub-minimum wage?
Q:	When are employers required to pay overtime?
Q:	Does the FLSA limit the number of hours that employees can work in a day or week?
Q:	Do companies have to pay employees for on-call time?
Q:	Are tipped employees subject to the minimum wage?
Q:	What is the overtime pay rate?
Q:	How old does a person need to be in order to work? Can children work?
Q:	What is variable pay?
Q:	Who can receive variable pay?
Q:	What is the difference between exempt and non-exempt employees?
Q:	What kind of performance is used to determine variable pay?
Q:	What is the difference between variable pay, incentive pay, commission, and a bonus?
Q:	What is a discretionary bonus?
Q:	How often/with what frequency do companies pay variable, incentive, commission, or bonus pay?
Q:	What is long-term compensation?
Q:	What kind of compensation is paid for long-term performance?
Q:	What is merit pay?
Q:	What is a merit pay guide chart?
Q:	What is total cash compensation?
Q:	What is a compa-ratio?
Q:	What is base pay?
Q:	What is COLA?
Q:	What is red lining an employee's pay?
Q:	What is an ESOP?
Q:	What is the difference between goalsharing and gainsharing?
Q:	What are stock options?
Q:	What are the most common job evaluation methods?
Q:	What is a point factor job evaluations system?
Q:	What is a compensable factor?
Q:	What is a paired comparison job evaluation system?
Q:	What is a slotting job evaluation system?
Q:	What is a ranking job evaluation system?
Q:	What is a classification job evaluation system?
Q:	What is a benchmark job?
Q:	Who is the ESA?
Q:	Who is Wage and Hour?

Benefits	Compensation	Employee Health & Safety
HR Law	HR Software	Labor Relations
Organizational Development	Staffing & Recruiting	Training & Development