What are the laws regarding the payment of bonuses?

In North Dakota, the law surrounding bonus pay is generally the same as for regular wages. Bonuses must be paid in a timely manner and must be paid in accordance with the terms of any contract or agreement that is in effect between the employer and employee. If an employer offers a bonus to an employee, they must have a written agreement in place outlining the specific terms of the bonus. This includes the payment amount, payment schedule, and any conditions that must be met for the employee to receive the bonus. Employers must also ensure that bonuses are paid fairly and must not discriminate against any employee in the payment of a bonus. This includes any bonuses given for performance or achievements. Employers in North Dakota are also required to provide employees with a timely statement of wages. This statement must include the bonus amount and any deductions taken out of the bonus. Finally, employers must ensure that bonuses given to employees are included in calculating the minimum wage and overtime pay requirements. The federal minimum wage rate in North Dakota is currently $7.25 per hour, and overtime must be paid at a rate of one and a half times the regular rate of pay for all hours worked over 40 in a work week.

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What are the laws regarding the payment of bonuses?

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