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Ron Collier is president of the Collier Consulting Group, a business management consulting firm for the contracting industry. Ron can be reached by e-mail at, ron@collier-consulting.com. Dr. Collier also appears in this week’s video spotlight on The NEWS home page.
Companies that are successful at attracting and retaining employees usually have some type of performance-based compensation plan that rewards great workers and penalizes poor workers. This article discusses the often misunderstood relationships between performance based pay (PBP), labor laws, and overtime.