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To Ensure That Spot Bonuses Works Efficiently, Employers Must Keep

question 27

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To ensure that spot bonuses works efficiently, employers must keep the amounts reasonable and provide them only for exceptional performance accomplishments.


Definitions:

Exempt Employees

Managers, outside salespeople, and any other employees not covered by the FLSA requirement for overtime pay.

Pay Rates

The amount of money an employee receives for their work, often determined by hour, salary, or piece rate.

Top Talent

Top talent refers to the most highly skilled and capable individuals within a particular field or industry.

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