Coffee with Kenny is an ongoing video series from TEA President, Kenny Colbert. He discusses news, trends, legislative updates or just his thoughts on current events and their impact on the human resources profession. Please visit our YouTube channel to view previous videos.
In this edition of Coffee with Kenny, Kenny will be discussing year end bonuses and commission. North Carolina has some detailed laws about bonuses and commissions because they’re considered as “promised wages”. If you look in the General Statutes, it talks about wages being regular wages along with vacation pay, severance pay, commissions, and bonuses. The law says that you have to pay those out to employees if they have been promised – even terminated employees in some situations
For a transcript of the above video, click here.