Tag Archives: Fair Labor Standards Act

Compensation (General)

One of the most difficult challenges for a boss is determining the right compensation for each staff member. Since payroll is one of the biggest operational expenses for a company, determining a ‘compensation philosophy’ can impact success. The philosophy is … Continue reading

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Furlough

An alternative to a reduction in force is a furlough program where the employee is not terminated, but is placed on a sort of leave of absence where they remain on the payroll but are not physically paid. It could … Continue reading

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