How the Way You Pay Affects Your Business

How much should you pay your employees to compensate them fairly for the work they perform? How should you pay your employees to motivate their best performance? Hourly rates, annual salaries, incentive plans, bonus plans, and profit sharing plans all are ways to pay your employees, but how do overtime requirements and exempt vs. non-exempt regulations affect your compensation plan? How much do benefits add to your total payroll costs? This session will walk you through the compensation maze to help you understand your total payroll costs and how to comply with payroll regulations.