It’s important to properlyclassify employeesas exempt or non-exempt based on their job duties and salary levels. Misclassification—one of the mostcostly payroll errors—can lead to significant penalties and back pay obligations. Regular audits of job classifications and pay practices can help mainta...
Read on for more info about how the COVID-19 pandemic has affected labor laws. As usual, the FLSA applies during the pandemic — but only to those workers who are non-exempt. It does not apply to independent contractors, volunteers, or others who are considered exempt employees under the ...
HR compliance is a moving target and staying ahead of ever-changing laws is time consuming. Paycor has the solutions to help. Take Compliance Tour By Industry By Role By Size Paycor delivers deep product functionality, standard integrations, and certified expertise in sales and service to meet th...
The law provides requirements that employers must follow regarding payment of minimum wage, overtime pay for hours worked in excess of 40 per week, recordkeeping, and restrictions on employment of child labor. The FLSA classifies employees as either exempt or non-exempt workers. This exemption ...
Due to the nature of many non-exempt job positions, hourly pay often makes more sense than a fixed annual salary. That's why the FLSA sets out to ensure compensation standards for these positions, since occasionally the hours can fall short of — or exceed — the 40-hour work week. ...
Department of Labor Wage and Hour Division. One letter discusses the right of employers to deduct from the wages of employees for damage they cause to company equipment. Another evaluates whether mortgage loan officers qualify as exempt outside sales employees. The letters provide clarification to ...
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 pay for the Salary Test under the FLSA...
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.
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. ...
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...