Beginning July 1, 2024, the new DOL rule increases the salary threshold, making millions of previously exempt employees nonexempt from overtime pay. The new overtime rule increases the FLSA salary threshold to $43,888 annually ($844 per week), up from $35,568 ($684 per week). This ne...
The FLSA specifies when workers are “on the clock” and when times are not paid hours. There are also detailed rules concerning whether employees areexemptfrom the FLSA overtime regulations. The law requires that overtime be paid at one-and-a-half times the regular hourly rate (“time-and...
First, the law would prevent companies from making non-exempt employees sign non-compete agreements. In essence, if an employee does not qualify for one of theexemptions under the FLSA(i.e., if the employee is classified as “non-exempt” and is currently getting paid overtime), then the...
Practical implications – This paper highlights the importance for employers to consider far more than just their non-exempt employees' hourly wage rate in the calculation of employees' regular rate of pay in order to ensure proactive FLSA compliance. Orginality/value – The value of this paper ...
If you have hourly employees or pay non-exempt employees a salary, these categories of workers should bepaid for all hours worked in a week. As straightforward as this rule may seem, many employers find themselves embroiled in litigation over not paying their employees what they deserve. ...
Avoid FLSA violations by setting fair wages, tracking employee time, monitoring overtime, correctly classifying employees as either exempt or nonexempt, and following child labor laws. Don’t violate FLSA regulations. Instead, simplify your payroll processing responsibilities with Patriot’s onlinepayroll...
Legal Acronyms Encyclopedia Fair Labor Standards Act Also called the FLSA. Legislation in the United States, passed in 1938, that requiredemployersengaged in interstate commerce to provide a minimum level ofemployeebenefits. For example, the FLSA prohibitschild laborand established the first federal min...
Employees are defined for overtime as an exempt employee and non exempt employee rights. Overtime for salaried employees is the law.
Exempt or Nonexempt. Employees whose jobs are governed by the FLSA are either "exempt" or "nonexempt." Nonexempt employees are entitled to overtime pay. Exempt employees are not. Most employees covered by the FLSA are nonexempt. Some are not. ...
Exempt Employees When you pay an employee on an exempt salary basis, the employee receives full pay as long as she works at least some time during a pay period. On the other hand, she is not entitled to additional compensation for extra time worked, including overtime. Exempt employees can...