On August 30, 2023,the U.S. Department of Labor issued a noticefor a proposed rule change under the Fair Labor Standards Act (FLSA). If the rule goes into effect, the DOL would increase the minimum salary amount that an employee must be paid in order to qualify as exempt from overtime...
Gross vs. net pay can be confusing, but it's important for both employers and employees to know the difference. Use our calculator for hourly and salary employees. Learn More HR Glossary Read Time: 8 min What Is Compa-ratio and How Is it Calculated?
Specialists and others with supervisory ranks may qualify under the executive or administrative exemptions as long as their salary is at least $455 per week and their primary duties meet the tests of the applicable exemption.John M. (Jack) Collins...
Continue ReadingRipples in the OT Waters: Considering the Downstream Effects of Reclassifying Exempt Employees Now Available! Seyfarth Resource – 2023 FLSA Litigation Metrics & Trends BySeyfarth Shaw LLPonMarch 4, 2024 Posted inFLSA As the FLSA landscape continues to evolve, Seyfarth’s national Wag...
Salary level test. Employees who are paid less than $23,600 per year ($455 per week) are nonexempt. (Employees who earn more than $100,000 per year are almost certainly exempt.) Salary basis test. Generally, an employee is paid on a salary basis if s/he has a "guaranteed minimum"...
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A. If an employee is paid a fixed salary each workweek for hours that vary up and down from week to week, the employer may use an overtime calculation method called “fixed salary for fluctuating workweeks”. This is the method that some companies in the past used to refer to informally...
On April 26, 2024, the U.S. Department of Labor published a final rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees, increasing the minimum salary limit to be exempt from overtime and minimum wage requirements under the...
FLSA - California employers - Minimum Salary Increase for Exempt EmployeesDale A. Hudson
C. Baird BrownMulgrew, D. "DOL announces proposed revisions to FLSA regu- lations doubling the minimum salary requirement for exempt employees," National Law Review, Jul. 2, 2015, http://www.natlaw- review.com/article/dol-announces- propose...