The U.S. Department of Labor published today in the Federal Register the final rule for Regular and Basic Rates under the Fair Labor Standards Act (FLSA), marking a victory for non-exempt employees and their employers. The rule will help employers provide benefits and perks to their employe...
The Department of Labor's (DOL) Final Rule was scheduled to take effect on December 1, 2016. Until the inevitable lawsuit had been filed, there were legislative attempts to halt or at least delay the rise in the salary cutoff for exempt employees from $455 a week to $913 a week. The...
The final rule revises the regulations in three ways: Increases the minimum salary threshold level for EAP exempt employees.The final rule increases the salary threshold required to exempt a bona fide executive, administrative, or professional employee from federal overtime requirements...
The quiz concentrates on the different regulations regarding employer postings. Quiz & Worksheet Goals Our resources are designed to assess your knowledge of: The best place to post US Department of Labor required posters Another action that should be taken if an employer can't post the US ...
On December 22, 2020, the DOL issued a newFinal Rulethat in part: Allows employers to create a mandatory “nontraditional” tip pool that includes both customarily and regularly tipped and non-tipped employees, provided employers do not claim a tip credit.1 ...
Under the current regulations, employees who earn more than $455 per week (or $23,660 per year) could qualify as exempt and are therefore ineligible for overtime. Under the newly proposed regulations, the minimum salary to qualify as exempt has been dramatically in...
(workers who received an H-2B visa or were otherwise granted H-2B status in one of the last three fiscal years). The remaining 6,500 visas are set aside for nationals of Honduras, Guatemala, and El Salvador (collectively called the Northern Triangle) and Haiti, who are exempt from the ...
This wage level changes has a significant impact for many of the H1B employers, it can impact up to 400K H1B employees based on as per FY2019 stats published on H1BGrader. See below screenshot. H1B Wage Levels Change Impact This wage level changes has significant impact on the IT outsourci...
Charles (Chip) Reeves, Chief Executive Officer of the Company, commented, “We are very pleased with the underlying strength of the first quarter as we continue to execute on our strategic initiatives. During the quarter we closed and integrated Denver Bankshares, the front end of our geographic...
DOL Substantially Raises Salary Thresholds Used in Determining Overtime Exemptions but Does Not Change Regulations Defining Duties Required of Exempt EmployeesOn May 18, 2016, the Department of Labor released its long-awaited revisions to its overtime regulations. The final rule, which takes...