So, what is the new overtime rule and salary threshold? Read on to find out. 2024 New overtime rule The Fair Labor Standards Act (FLSA) is a federal law that establishes overtime pay eligibility, alongside minimum wage, recordkeeping requirements, and child labor laws. Employers must ...
Are you, as a South Carolina employee, meeting the current salary threshold? For South Carolina employees, the question still remains:Have you been properly classified under the FLSA?If you are not getting overtime pay even if you are working more than 40 hours a week, then the questions to...
whereas those receiving hourly wages are nonexempt. Wrong. Even those on a fixed salary can be nonexempt and receive overtime. Again, it depends on the job duties and the amount of earned pay.12
U.S. Department of Labor More Than Doubles Minimum Salary Levels for FLSA Overtime ExemptionsJulia E. Judish
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An exempt employee has virtually "no rights at all" under the FLSA overtime rules. About all an exempt employee is entitled to under the FLSA is to receive the full amount of the base salary in any work period during which s/he performs any work (less any permissible deductions). Nothing...
Since overtime policies differ from state to state, we createda useful resourcewhere you can find what rules apply in your state or country. Stay Up to Date with the FLSA Changes Effective July 1st, 2024, the salary threshold for overtime eligibility has increased to $844 per wee...
DOL Delivers a Proposed Salary Bump to FLSA Overtime Thresholds for Labor Day BySeyfarth Shaw LLPonAugust 30, 2023 Posted inDOL Enforcement,FLSA By:Kevin Young,Brett Bartlett,Scott Hecker,Noah Finkel, andLeon Rodriguez Just days before Labor Day, the U.S. Department of Labor (“DOL”) unveil...