sample policies
sample policies
sample policies
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12 BUSINESS MANAGEMENT DAILY<br />
Compensation<br />
When is payday Who’s entitled to time and a half for overtime What deductions will<br />
be subtracted from pay Again, stating your <strong>policies</strong> will prevent misunderstandings<br />
and help ensure consistency.<br />
• Employment categories<br />
• Overtime payments<br />
• Pay procedures<br />
• Expense reimbursement<br />
• Payroll deductions<br />
• Severance pay<br />
• Performance bonuses<br />
Benefits<br />
Some businesses include the following benefits in their policy manuals. Others issue a<br />
separate booklet or a policy sheet on them.<br />
• Health, life, disability and other insurance<br />
• Pension and retirement plans<br />
• Tuition assistance<br />
• Savings and stock purchase plans<br />
• Other (wellness plans, health club memberships,<br />
employee assistance programs, legal assistance, on-site day care)<br />
• Domestic-partner benefits<br />
Safety and health<br />
Again, you may want to include this information in your employee manual or cover it<br />
separately—on company bulletin boards, for example, or by posting the information<br />
near equipment. However, even if you exclude the first two topics below from your<br />
manual, you will probably want to include your return-to-work policy here or in the<br />
“Time Off” section.<br />
• General safety rules<br />
• Reporting job-related accidents<br />
• Workers’ comp return-to-work policy<br />
➤ Recommendation: Don’t try to cover every contingency in your manual. Focus on<br />
the situations and concerns that come up most often, along with issues, such as sexual<br />
harassment, that could cost you big bucks if you fail to disseminate your policy.
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