H.R.2888 - Sales Incentive Compensation Act105th Congress (1997-1998)
|Sponsor:||Rep. Fawell, Harris W. [R-IL-13] (Introduced 11/07/1997)|
|Committees:||House - Education and the Workforce | Senate - Labor and Human Resources|
|Committee Reports:||H. Rept. 105-558|
|Latest Action:||Senate - 06/16/1998 Received in the Senate and read twice and referred to the Committee on Labor and Human Resources. (All Actions)|
|Roll Call Votes:||There have been 2 roll call votes|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.2888 — 105th Congress (1997-1998)All Information (Except Text)
Passed House amended (06/11/1998)
Sales Incentive Compensation Act - Amends the Fair Labor Standards Act of 1938 to exempt from minimum wage recordkeeping and overtime compensation requirements any employee in a sales position, if: (1) the employee has specialized or technical knowledge related to products or services being sold; (2) the employee's sales are predominantly to persons who are entities to whom the employee has made previous sales or the employee's position does not involve initiating sales contacts; (3) the employee's position requires a detailed understanding of customers' needs and discretion in offering a variety of products and services; (4) the employee receives a base compensation at a specified minimum rate and additional compensation based on sales attributable to the employee; (5) the employee's aggregate compensation based upon sales reaches a specified minimum level; and (6) the rate of annual compensation or base compensation for an employee who did not work for an employer for an entire calendar year is prorated to reflect annual compensation which would have been earned if the employee had been compensated at the same rate for the entire calendar year.
Makes this Act inapplicable to individuals employed as route sales drivers.