Title: ADMINISTRATIVE OFFICE MANAGEMENT
1ADMINISTRATIVE OFFICE MANAGEMENT
- Chapter 8
- Employee Compensation, Recognition, and Company
Policies
2Compensation Legislation
- Fair Labor Standards Act (FLSA)
- Components of FLSA
- Exempt vs. Nonexempt
- Comp Time
- Equal Pay Act of 1963
Pages 184-185
3Page 184 The two principalAct of 1963 Exempt
employeesan hourly wage Page 185 The first
stepa wage survey
4Direct Employee Compensation
- Base Pay
- Wages or Salary
- Incentives
- Bonus
- Commission
- Gain sharing
- Merit Raises
- Profit Sharing
- Stock Options
- Stock Ownership
Page 186
5Page 186 An employees totalby the
company Direct compensationby the employer As an
exampleperformance appraisal
6Indirect Employee Compensation
- 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
Pages 187-190
7Page 187 Indirect compensationcost of
employment Although there arebenefits and
services State Unemploymentimposed on
employers Page 188 Workers compensationdeath on
the job Pay for time notbereavement leaves
8Page 188 Faced with risingby the
employee Pension plansand employees Page
190 With so manycafeteria benefit plan
9Policies, Procedures,and Rules
- 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)
Pages 192-195
10Page 193 Policyand other matters Procedurecourse
of action Page 195 Employee handbooksto drug
testing
11Promoting 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
Pages 196-198
12Page 197 In organizations,and survivor
shock Page 198 Exit Interviewsof their
employment Page 199 The following
questionnaireServices
13Labor 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
Pages 201-202
14Page 201 Labor Unionsworking conditions The
administrative managerupon steps Unions are
ablepatronizing the employer
15Now You Know Everything There is to Know About
- Employee Compensation, Recognition, and
Company Policies