Tag: Bonus

January 4, 2024
X Corp., formerly known as Twitter, has been hit with a federal, multi-million-dollar lawsuit alleging that the company failed to pay its employees bonuses that it promised to them. This lawsuit comes after billionaire Elon Musk took over the company in 2022 and cut more than half of the company’s workforce.
November 3, 2022
California’s overtime rules for non-exempt employees are known by virtually every employer in the state. Less known—but no less equally true—is that a non-discretionary bonus that a non-exempt employee receives must be factored into the employee’s “regular rate of pay” when determining overtime pay for a non-exempt employee. And this, in turn, requires employers to allocate a non-discretionary bonus over the time period in which the bonus was earned.