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ADMINISTRATIVE OFFICE MANAGEMENT

ADMINISTRATIVE OFFICE MANAGEMENT. Chapter 8 Employee Compensation, Recognition, and Company Policies. Compensation Legislation. Fair Labor Standards Act (FLSA) Components of FLSA Exempt vs. Nonexempt “Comp” Time Equal Pay Act of 1963. Pages 184-185. Page 184

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ADMINISTRATIVE OFFICE MANAGEMENT

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  1. ADMINISTRATIVE OFFICE MANAGEMENT Chapter 8 Employee Compensation, Recognition, and Company Policies Administrative Office Management, 13th Ed

  2. Compensation Legislation • Fair Labor Standards Act (FLSA) • Components of FLSA • Exempt vs. Nonexempt • “Comp” Time • Equal Pay Act of 1963 Administrative Office Management, 13th Ed Pages 184-185

  3. Page 184 The two principal…Act of 1963 Exempt employees…an hourly wage Page 185 The first step…a wage survey Administrative Office Management, 13th Ed

  4. Direct Employee Compensation • Base Pay • Wages or Salary • Incentives • Bonus • Commission • Gain sharing • Merit Raises • Profit Sharing • Stock Options • Stock Ownership Administrative Office Management, 13th Ed Page 186

  5. Page 186 An employee’s total…by the company Direct compensation…by the employer As an example…performance appraisal Administrative Office Management, 13th Ed

  6. Benefits Required by Law Pay for Time Not Worked Vacations, Breaks, Holidays, Sick Pay Insurance Plans Medical, Hospital, Dental, Life, Surgical Security and Retirement Plans Pension, Social Security Work/life Benefits and Services Educational Assistance, Recreational Programs Indirect Employee Compensation Administrative Office Management, 13th Ed Pages 187-190

  7. Page 187 Indirect compensation…cost of employment Although there are…benefits and services State: Unemployment…imposed on employers Page 188 Worker’s compensation…death on the job Pay for time not…bereavement leaves Administrative Office Management, 13th Ed

  8. Page 188 Faced with rising…by the employee Pension plans…and employees Page 190 With so many…cafeteria benefit plan Administrative Office Management, 13th Ed

  9. Policy: A plan or course of action adopted by a business Procedure: Outlines the steps to be performed when taking a particular course of action Rule: An authoritative directive for conduct; a habit of behavior De facto: What really happens in practice (in the absence of a policy or rule) Policies, Procedures,and Rules Administrative Office Management, 13th Ed Pages 192-195

  10. Page 193 Policy…and other matters Procedure…course of action Page 195 Employee handbooks…to drug testing Administrative Office Management, 13th Ed

  11. Promoting and Terminating Employees • Promotions from within through job postings • Terminations and Layoffs • Personal Aspects of Terminations • Legal Aspects of Terminations • At Will Employment; Wrongful Termination; WARN Act • Exit Interviews Administrative Office Management, 13th Ed Pages 196-198

  12. Page 197 In organizations,…and survivor shock Page 198 Exit Interviews…of their employment Page 199 The following questionnaire…Services Administrative Office Management, 13th Ed

  13. Labor Unions • Unions represent the employees • They negotiate contracts with employers about wages, benefits, work rules, etc. • They help to establish a formalized grievance procedure with agreed-on steps that management and employee must follow Administrative Office Management, 13th Ed Pages 201-202

  14. Page 201 Labor Unions…working conditions The administrative manager…upon steps Unions are able…patronizing the employer Administrative Office Management, 13th Ed

  15. Now You Know Everything There is to Know About: Employee Compensation, Recognition, and Company Policies Administrative Office Management, 13th Ed

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