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Posted

I pay flat rate with a punch time guarantee. Where I'm at, hourly employees get paid time and a half over 40 hours but flat rate employees can be paid just hourly rate times hours booked. This way the employee gets paid hourly with a "spiff" for booking over 40 and I don't have to pay time and a half. 

Posted

Our techs are paid hourly with overtime. They also make a graduated per hour bonus per flag hour after they flag a set number of hours. 

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Posted
2 hours ago, Joe Marconi said:

Aren't there overtime laws to consider even for flat rate. I have heard so much about the different changes to the laws. Just asking? 

I can't say I'm super versed in the law but I can say that most shops(including new car stores) are paying flat rate around here still, and they are not paying time and a half.

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Posted

We use Paychecks for our payroll service. Anytime we have any questions about what the state laws are for payroll we call them and they will tell us what the law is.

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Posted
26 minutes ago, Joe Marconi said:

The only reason I asked is because I have shop owner friends around the country, and I hear too many cases where the overtime laws are very confusing, even with flat rate.

When I had my shop I used an HR company (SESCO). They opened my eyes to a lot that I was doing wrong. One NOTE, my two shops were in New York, so that too makes a difference. 

I suppose I could look into it but I feel that if the new car stores are doing it this way, it should be fine. My tech is happy with this arrangement and It's kind of a moot point as he only works 40 hours a week anyway. There may come a time when I'll have to look more closely but this is working for now.

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