Answer / Kuldeep Krishna

A discretionary bonus is awarded at the employer's sole discretion, based on factors like performance or business results. It is not promised and can vary from employee to employee or year to year. In contrast, a nondiscretionary bonus, also known as a contractual bonus, is guaranteed by a written agreement and is paid regardless of individual performance or company results.

Explain "overtime"?

1 Answers   United States Department of Labor,

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Won't this rule be difficult for employers because they will have to track workers' hours?

1 Answers   United States Department of Labor,

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May employers use bonuses to satisfy part of the new standard salary level test?

1 Answers   United States Department of Labor,

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Why is the Department revising its overtime regulations for white collar workers now?

1 Answers   United States Department of Labor,

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If the effective date is December 1st, what does this mean for businesses where the pay period begins on Monday the 28th? How do they manage this?

1 Answers   United States Department of Labor,

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How often will the Department update the standard salary level and HCE total annual compensation requirements?

1 Answers   United States Department of Labor,

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When will effect the changes from?

1 Answers   United States Department of Labor,

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Who is covered by the FLSA? Are employees of small businesses covered?

1 Answers   United States Department of Labor,

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comment on difference between a discretionary bonus and a nondiscretionary bonus?

1 Answers   United States Department of Labor,

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May employers make a catch-up payment in the event that an employee doesn't receive enough in nondiscretionary bonuses and incentive payments (including commissions) in a given quarter to remain exempt?

1 Answers   United States Department of Labor,

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Define FLSA?

1 Answers   United States Department of Labor,

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What are the costs and benefits of the Final Rule?

1 Answers   United States Department of Labor,

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