Remind employees that they are valued and let them know you are required to make changes in light of the federal government’s new wage and hour rules. The DOL has made clear that the goal is to make more people eligible for overtime pay — which means more workers will likely need to ...
Administration Releases New Overtime Rules The Department of Labor has released its long awaited rule updating the regulations governing overtime pay for employees. Under the current regulations, the salary threshold for exemption is $455 per week ($23,660 per year) and the new rules will update...
the final rule will make an additional 1.3 million U.S. workers eligible for overtime pay, according to the DOL. To comply with the new rule, employers will be required either to begin paying overtime to currently exempt employees whose salaries are below the higher threshold or to increase...
There are not sufficient workers who are able, willing, and qualified, and who will be available at the time and place needed, to perform the labor or services provided by the employee or employees requesting paid sick leave or expanded family and medical ...
rule. For example, an employer could consider salary reductions for currently exempt employees so that their overall earnings remain nearly the same when they become overtime eligible and are due overtime wages. Employers can also consider converting salaried workers to hourly workers and setting a ...