Political Quotes

Cass Ballenger: performance bonuses and gainsharing programs are a way for employees to share in the success of a company that they work…

On the recordApril 26, 2001
performance bonuses and gainsharing programs are a way for employees to share in the success of a company that they work for. Whether exempt or nonexempt, all employees should have the same opportunity to receive bonuses for their hard work. For many employers, the administrative costs associated with operating bonus programs for their hourly employees often end up costing more than actual bonuses. Because of this, current law virtually ensures that employers exclude hourly workers from bonus programs. Today, I am reintroducing The Rewarding Performance in Compensation Act, which will help workers to share when their efforts that they have produce gains for the company. This legislation would amend the Fair Labor Standards Act to specify that an hourly employee's regular rate of pay in calculating overtime would not be affected by additional payments that reward employees who meet certain goals. Simply put, this bill would give hourly nonexempt employees the same access to bonuses that are exempt from professional employees that they already receive, and I ask my colleagues to support The Rewarding Performance in Compensation Act.
Said by
Cass Ballenger
North Carolina

Editor's note · Context

Reintroducing The Rewarding Performance in Compensation Act to support bonuses for hourly employees.

Share

More from Cass Ballenger

Jul 22, 2003

I want to say some good words about something that very few people say in a positive fashion and that is the AID supplement that goes on by our State Department in handling disastrous areas and helping develop countries that need all the…

govinfo.gov
Sep 6, 2001

I am fortunate to have many Montagnard tribesmen living in my district, so it is a pleasure today to be able to speak out in favor of this bill, H.R. 2833. Today, we have an opportunity to send a clear message to Hanoi that human rights…

govinfo.gov
Sep 12, 2002

let me just say, nestled halfway between Raleigh and Asheville in North Carolina is a little town called Connelly Springs. It is a small town built around an old stagecoach stop which now serves railroad passengers. Named for its healthful…

govinfo.gov
Jul 14, 2004

In my own hometown of Hickory, North Carolina, we have 47 hosiery mills, and they were being worked against substantially by imports from China and South Korea. We also have a little place called Catawba Valley Technical Institute, where…

govinfo.gov

Other voices in this conversation