Rhode Island Proposed compensation program for officers and certain key management personnel

State:
Multi-State
Control #:
US-CC-20-297A-NE
Format:
Word; 
Rich Text
Instant download

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This sample form, a detailed Proposed Compensation Program for Officers and Certain Key Management Personnel document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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  • Preview Proposed compensation program for officers and certain key management personnel
  • Preview Proposed compensation program for officers and certain key management personnel
  • Preview Proposed compensation program for officers and certain key management personnel

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FAQ

An employer must pay its employees other than employees of the state and its political subdivisions and of religious, literary, or charitable corporations once per week, except those employees who are paid a fixed biweekly, semi-monthly, monthly, or yearly rate.

Pursuant to Rhode Island General Law § 28- 6-18, it is unlawful for an employer to pay a differential wage based on race, color, religion, sexual orientation, gender, gender identity or expression, disability, age, and country of ancestral origin for comparable work.

Some companies lower salaries in job postings as pay transparency laws take effect, new report finds. As pay transparency laws have come into effect, employers are lowering advertised salary bands. A majority of firms are complying with the new laws.

If you leave your job and terminate employment with a participating employer but are vested in the system (currently 5 years of contributing service), you may begin collecting your pension benefit when you meet your retirement eligibility criteria ? as long as you do not withdraw your contributions.

A new pay equity law is in effect for 2023, which makes several changes to the Rhode Island Equal Pay Law and places significant new burdens on both large and small businesses. Rhode Island employers are now prohibited from requesting applicants' salary histories before making an offer of employment.

What States and Cities Have Wage Transparency Laws in 2023? California. Effective January 1, 2023, California employers with at least 15 employees, and with at least one located in California, must share pay scales in job postings. ... Colorado. ... Connecticut. ... Maryland. ... Nevada. ... New York. ... Rhode Island. ... Washington.

Starting Jan. 1, 2023, employers in California with 15 or more employees must disclose a pay range in every job posting.

Generally, under R.I. Gen. Laws § 28-14-4, an employer must issue a final paycheck to an employee who has been terminated on or before the next regularly scheduled pay date. Likewise, an employee who has quit is entitled to his or her final paycheck on or before the next regularly scheduled pay date.

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Rhode Island Proposed compensation program for officers and certain key management personnel