Employment Law Briefing: Compensation Planning Under California's New Laws
Paying the Way: Compensation Planning Under California's New Laws
Beginning January 1, 2013, employers who offer commission payments to employees will be required to prepare and distribute written commission plans setting forth the method by which commissions shall be computed and paid.
Employers should begin planning for this new law now in order to be ready when the new year arrives. Commissions and other types of compensation can be a great way to incentivize employees, but they can also create significant liability if not carefully drafted.
Paul Hastings presents a complimentary breakfast briefing on October 9, 2012 to discuss compensation planning. This briefing will provide information on how to draft compliant compensation plans, and strategies for balancing employee rights and business needs when creating such plans, including:• How should the incentive payment be calculated• What limitations exist on an employer's right to account for revenue losses when calculating incentive payments• What restrictions can employers place on payouts after an employee has begun performance under the plan• What payments are required to employees on leaves of absence• What payments are due if an employee terminates before the plan pays out
DATETuesday, October 9, 2012
TIME7:45 am - 8:15 am Registration and Breakfast8:15 am - 9:15 am Briefing
LOCATIONPaul Hastings4747 Executive DriveTwelfth FloorSan Diego, CA 92121
RSVP by Friday, September 28, 2012 to Anne Marie Grewal at
CLE CREDIT Pending Approval