The salary threshold test sets the floor on the minimum amount of money that an employee must be paid before the FLSA permits an employer to claim an exemption and therefore NOT have to pay that employee overtime. What is the current Salary Threshold under the FLSA?
The salary threshold for overtime eligibility has reverted to $684 per week.This means that employees earning less than this amount are likely entitled to overtime pay if they work over 40 hours in a week. This situation is still evolving.Employers should regularly check the Department of Labor...
Fifth Circuit Ruling: 2019 Salary Threshold Increase Did Not Exceed Authority BySeyfarth Shaw LLP,Ariel D. Fenster,A. Scott Hecker,Noah A. Finkel&Kevin YoungonSeptember 12, 2024 Posted inFair Labor Standards Act,FLSA Seyfarth Synopsis:On September 11, 2024, a panel of the U.S. Court of Ap...
Learn what to know about the Fair Labor Standards Act (FLSA). Discover how it impacts your business and what can happen if you don't comply.
The FLSA salary basis test applies only to reductions in monetary amounts. Requiring an employee to charge absences from work to leave accruals is not a reduction in "pay," because the monetary amount of the employee's paycheck remains the same. Similarly, paying an employee more than the gu...
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...