“Overtime is not tied to an hourly rate, it is tied to the average that they earned over the pay period.”
— Ian Schotanus
Need help structuring your business or managing your employees?
Look no further. We’re up again with an amazing episode for you!
So, do you have questions about Employee Relations/Management, Employment Law, Benefits Organizations, Compensation Compliance, or OSHA regulations?
This episode offers awesome tips for you, thanks to the HR Guy we have on our show!
Ian Schotanus is an HR & Safety Compliance Business Partner specializing in the HVAC, Plumbing, Electrical, and Roofing Industries. He is the owner and Lead Consultant at The Big Picture Consulting, a firm that specializes in providing business owners like you with vital Human Resources and safety-related information, resources, and answers, so you can make the right decisions for your company. Their unique experience working with residential service providers means they can provide guidance and expertise that you just won’t find anywhere else.
So, come join Tersh Blissett and his co-host Josh Crouch as they talk with Ian Schotanus HR, employee management, compensation structures, and much more. Learn the secrets to growing a profitable, thriving, and ever-expanding company from this episode.
“You don’t have to require lunch breaks, but you can require it. You can make it company policy.” — Ian Schotanus Click To TweetIan Schotanus is the Owner and Lead Consultant for The Big Picture Consulting. As a US Navy veteran with 2 Business Degrees, having worked in the retail/service field as both Sales and Technician, and over a decade’s worth of experience as a National Level HR & Safety Compliance consultant, he has a well-established knowledge base specifically geared to assist Residential and Commercial Service Providers. He has personally assisted hundreds of companies to prevent or minimize financial damage caused by employee lawsuits, OSHA investigations, Wage and Hour Division audits, and more!
Want tips on how to overcome the challenges you’ll face as a tradesperson? Do Not Miss This Episode. You’ll love this podcast.
In this episode we discuss:
- The biggest HR mistakes businesses are making in 2022.
- How to choose your pay structure and calculate compensation, including overtime.
- What you need to know when navigating termination and unemployment.
Breaking Down Your 3 Main Options for Compensation Plans
“In general, you have 3 main options for compensation plans, and there are a million variances… straight hourly, straight commission or piece rate incentive pay, or a combination of the both,” says Ian Schotanus [27:13-27:34]
How to Calculate Overtime Rates and SPIFFs
“If you’re paying SPIFFs, commissions… for jobs done on the clock, regardless if you’re paying hourly, that is their wages for the pay period. Overtime is not tied to an hourly rate, it is tied to the average that they earned over the pay period,” says Ian [54:00-57:26]
Ian Schotanus recently joined Service Business Mastery Podcast and here are some highlights of the podcast:
- Ian Shares Navigating Compensation Plans and Pay Structures
- 3 main options you have for compensation plans
- The biggest mistakes home service businesses make with pay structures
- How to choose your pay structure and calculate compensation, including overtime.
- He discusses the biggest HR mistakes businesses are making in 2022.
- The show talks about what you need to know when navigating termination and unemployment.
- At-Will vs. For-Cause
- Legality and ethics of terminating employees
Key Resources From This Episode:
- This episode is kindly sponsored by Sera, and CompanyCam for a 14-day trial and 50% off your first two months). and UpFrog
- Learn more about The Big Picture Consulting
- Connect with Ian Schotanus on Linkedin.
- Join the Service Business Mastery Facebook group.
- Email us at Podcasts@ServiceBusinessMastery.com
- Learn all about the Hosts of Service Business Mastery!
- Join the Service Business Mastery Facebook group.
Meet the Guest:
Ian Schotanus is the Owner and Lead Consultant for The Big Picture Consulting. As a US Navy veteran with 2 Business Degrees, having worked in the retail/service field as both Sales and Technician, and over a decade’s worth of experience as a National Level HR & Safety Compliance consultant, he has a well-established knowledge base specifically geared to assist Residential and Commercial Service Providers. He has personally assisted hundreds of companies prevent or minimize financial damage caused by employee lawsuits, OSHA investigations, Wage and Hour Division audits, and more!
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