and limits on child labor. The FLSA—which was passed in 1938 and has had numerous changes over the years—is one of the most important laws for employers and employees to understand, as it sets out a wide array of regulations for those employed, whether salaried employees or paid by the...
The deadline given for employers to make the changes is December 1, 2016. May 2016 The Obama administration announces changes that would give salaried employees making $47,476 or less a chance to earn overtime.FLSA FAQs What is the FLSA? The Fair Labor Standards Act (FLSA) is a minimum ...
This rate applies to salaried and hourly, as well as temporary workers, and some others. Failure to comply with these laws can result in monetary penalties and imprisonment depending on the gravity and willfulness of the violation. For this reason, employers should ensure that they understand ...
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 minimum wage. For purposes of this Act, "interstate...
Overtime calculations demand precise attention to detail. The base requirement mandates payment at 1.5 times the regular hourly rate for hours worked beyond 40 in a workweek. Primarily, for salaried employees misclassified as exempt, the process involves determining an hourly equivalent of their salary...
(FLSA)and supporting rules and regulations. That minimum wage number has not changed since 2009, and since the minimum wage is not tied to inflation, it only changes if Congress says it does. (The salary test that is applied to salaried employees includes a specific threshold monetary amount ...
Additionally, overtime for salaried employees may apply under certain conditions, depending on how their positions are classified and their specific duties. Employers sometimes avoid paying overtime by classifying roles incorrectly or by asking employees to work off the clock, both of which violate ...
What is a salaried employee? What legal responsibilities do employers have regarding unions? What types of businesses are exempt from FMLA? What is the hour requirement for FMLA? What does tax exempt mean? What is the labor act for employees? What are the types of employee compensation? What...
Pay differences for exempt and non-exempt workers Per the FLSA, exempt employees are typically salaried workers and do not receive overtime pay. Their annual salary is often a negotiable figure that is agreed upon before the job is accepted and doesn't fluctuate even if the employee works fewe...
Four classes of salaried employees—executive, administrative, professional and outside sales employees—are included in this exemption. The requirements that must be met in order to qualify for the professional classification are discussed.Atterbury...