Iowa Proposed Additional Compensation Plan with copy of plan

State:
Multi-State
Control #:
US-CC-15-147I
Format:
Word; 
Rich Text
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Description

This is a Proposed Additional Compensation Plan, to be used across the United States. This plan seeks to have an additional, or extra, payment plan for Employees of a corporation. It is to be used as a model, and should be amended to fit your particular needs.
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  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan
  • Preview Proposed Additional Compensation Plan with copy of plan

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FAQ

The Iowa Division of Labor enforces Iowa wage law, including the Iowa minimum wage. If you have not been paid what you are owed you may file a wage claim. One of the most common reasons for underpayment is illegal deductions. You may also be owed unpaid vacation, unreimbursed employee expenses or unpaid commissions.

In ance with the Iowa legislature, employees must be paid their wages at least once a month, preferably semimonthly, at predesignated regular intervals. The payday should fall on the same day every month, no later than 12 days after the end of the period in which the wages were earned.

The Iowa Retirement Investors' Club (RIC) 457/401(a) program is your employer-sponsored supplemental retirement savings benefit. Your contributions to RIC, along with the State's matching contributions, are meant to supplement your pension (IPERS, POR, Judicial, TIAA) and Social Security (SS) benefits in retirement.

You can either file a wage claim with the Division of Labor Standards Enforcement (the Labor Commissioner's Office), or bring an action in court against your former employer to recover the wages if they are still due you, and to claim the waiting time penalty.

Iowa labor laws and regulations do not cover vacation leave and pay, meaning employers are not legally obliged to provide employees with vacation days. Each company can decide its vacation policies. Employers can choose to provide vacation benefits as it is one of the most desired perks for employees.

What to Do If Your Paycheck Is Late Contact your employer (preferably in writing) and ask for the wages owed to you. If your employer refuses to do so, consider filing a claim with your state's labor agency. File a suit in small claims court or superior court for the amount owed.

Iowa's expense reimbursement law only applies to expenses that are authorized by the employer. Employers must provide a policy that reimburses employees for authorized necessary business expenses and provide payment within 30 days of receiving a claim.

If your employer pays you late or fails to pay at all, then you may be able to file a lawsuit against the company for your unpaid wages plus damages. Employers who pays their employees late or who do not pay final wages in ance with California law may be liable to their employees for: Unpaid wages.

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Iowa Proposed Additional Compensation Plan with copy of plan