FLSA overtime rule update: Fast facts Want the quick scoop on the DOL new overtime rule? We’ve got you covered: The DOL new overtime rules that was set to begin on July 1, 2024 is now defunct The salary threshold will remain at $35,568 per year ($684 per week) There will...
As the final quarter of 2024 begins, many employers are turning to the year-end review process, while you’re planning for raises, bonuses, and other employee incentives this comp season, you’ll need to account for the new exempt salary threshold that is scheduled to take effect January 1...
Overtime rules are changing, and they could have consequential impacts on your nonprofit. (Does anyone else feel like they’re reliving this over and over — when we ran around figuring this out in 2016, all to have the changes called off last minute? Just me?) In late April 2024, th...
Joshua W. Abel
Are you prepared?The new law took effect on July 1, 2024, and raises the overtime salary threshold for non-exempt staff. This means non-profits have to find ways to mitigate the extra costs. Here’s how the My Hours time-tracking app can help....
And it’s not just hourly workers who qualify for overtime pay. When an employee is paid on a salary, for instance, the regular hourly wage rate is found by dividing the total hours worked during the week into the employee’s total earnings. For example, an employee who (before overtime...
Also under “New Business” was an update on new overtime rules issued by the U.S. Department of Labor on April 23, 2024. The U.S. Department of Labor has issued a new “Final Rule” regulation that will impact minimum salary requirements for employees, including those in municipal positi...
Salary: 38.97-52.62 USDFacility: Kenmore Mercy HospitalShift: Shift 3Status: Full Time FTE: 0.920000Bargaining Unit: CWA Local 1133Exempt from Overtime: Ex...more 10 Days Ago C Registered Nurse Critical Care Float Agency Catholic Health System ...
EXECUTIVE AND ADMINISTRATIVE EXEMPTION SALARY THRESHOLDS - Simply put this new law changes the amount of salary that eliminates you from overtime compensation. If you make $1,237.50 per week in New York City, Long Island or Westchester you are exempt from overtime pay. If you make $1,161.65...
However, this new law comes with its own set of rules. While employers must disclose pay and benefits, they are not mandated to make a job posting nor are they forbidden from inquiring about an applicant’s wage or salary. But, non-compliance can be a pricey affair, with penalties ranging...