Are you ready for the recent changes in the overtime laws?
If you’re not ready... Ramsey Associates can help
Current Hot Topic
Recent Changes to Overtime Laws
Did you know there are two different minimum wages? There's the minimum HOURLY wage that hourly employees must be paid who are eligible for overtime. And there is the minimum SALARY that employees who are not getting overtime are required by law to be paid, regardless of hours worked.
CANCELLED - April 8, 2020 11:30 - 1:30 Panera's 6145 "O" Street
Out of respect for my clients, my potential clients, and the staff at Panera's, we can't do meet-ups by drive through. The Meet-Ups will resume when it is safe to do so. In the meantime, tell your peeps you love them, wash your hands, and find creative ways to be at home a lot.
Monthly Meet-Ups are a chance to visit with the owner of Ramsey Associates, ask basic questions, and learn more about good compensation management.
Do you have salary change implementation plans in place?
Serving employers’ compensation needs for over 20 years.
Offering compensation consulting services that include:
Aligning compensation programs with corporate strategic goals
Minimizing discrimination risk based on protected classes
Salary program design and implementation
Incentive and commission design that encourages results-driven actions
Performance management evaluation, analysis and responses
Job description creation, review, and feedback
Customized salary surveys of peers for competitive positions
Salary administration training for managers and supervisors
Why Hire a Compensation Consultant
Providing expertise of a large corporation at minimal cost
Large companies (over 2,000 employees) typically have a compensation professional on staff to provide salary programs that drive corporate strategic success.
They design programs, and provide the materials and training that allow managers to provide a competitive wage while maintaining a fiduciary responsibility with the resources available and ensuring their practices don’t present a risk. Smaller companies may have only 1 or 2 professionals in HR, and often their expertise is not compensation design or administration.
Consultants offer two things: time and/or expertise. If your HR professionals have neither the time nor the expertise to provide compensation design expertise, Ramsey Associates is an affordable option.
There are no “Plan in a Can” solutions
Your organization is unique. If your compensation programs are not tailored to your strategic plan and long term goals, you’re not getting the most from your payroll dollars.
The balance between managing payroll expenses while maintaining a competitive position for talent is best achieved by a well-designed, custom tailored compensation plan.
Having a Certified Compensation Professional (CCP) available to develop your programs and train your managers will typically save more than it costs.
Call or email to schedule a complimentary consultation to introduce you to Ramsey Associates and assess your need for further collaboration.
Call to schedule a no-cost consultation to explain the coming changes and assess your need for further collaboration.