The Fair Labor Standards Act (FLSA) legislates the rules by which a job can be declared either eligible (non-exempt) or ineligible (exempt) for overtime payments to incumbents, with the enforcement of this legislation being performed by the states. The determination of the correct FLSA status can be complex, and an incorrect FLSA status assignment for…
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Salary Survey Design & Administration
Either as part of a complete compensation study or as a stand-alone project, Richardson Compensation Consulting, LLC can design and administer customized salary surveys to collect information about employee salary and benefits. Salary surveys can be conducted with numerous organizations similar in size, scope, and geography to your organization to 1) compare & contrast your…
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Job Analysis
The job analysis is the process of identifying and documenting (in detail) the duties for a job, and the relative importance of the duties for a job. It’s important to know that during this process, all analysis is focused on the duties being performed not the incumbent(s) who are performing the duties, which preserves the…
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Compensation Philosophy Design
The compensation philosophy is a formal statement documenting the organization’s strategic position about employee pay. It explains the “why” behind employee pay and creates a framework for consistency, while also serving as the ‘true north’ for the administration of your salary budget within your organization. Richardson Compensation Consulting, LLC can help your leadership team design…
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