While the above three pay regimes are the most common when it comes to overtime calculations, there are a couple of other factors that can impact the amount you’ll be expected to pay out to your workers. Piece Rate Sometimes someone’s salary is dependent on how much they produce rather...
The article discusses overtime pay for salaried workers. Paying an employee a weekly salary does not necessarily make him ineligible for overtime pay. The federal Fair Labor Standards Act (FLSA) says that the duty to pay overtime depends upon the type of work your employees do. The FLSA ...
If your employee is salaried but non-exempt, you will need to first figure out their regular rate by dividing the amount they earned for their weekly salary that week by the number of hours worked. Once you have this regular rate of pay, multiply that number by 1.5 for their overtime pa...
In July 2024, four million new workers were going to become entitled to overtime pay, thanks to the Department of Labor’s (DOL) new overtime rule. But on November 15, 2024, a federal judge blocked the new overtime rule. The DOL overtime rule, had it not been ruled invalid, would...
In most states, workers can be “forced” to work overtime by their company. Employers can schedule workers for any shift length or consecutive work days. Additionally, federal law does not require breaks to be provided to the employee. However, many states have mandatory breaks and paid rest...
Overtime Pay Eligibility – Can Salary Employees Get Overtime? Some salaried employees are eligible for overtime pay. Overtime is a great way for salaried employees to increase their annual income. The U.S. federal government stipulates that one of two conditions must be met in order for a...
The article discusses overtime pay for salaried workers. Paying an employee a weekly salary does not necessarily make him ineligible for overtime pay. The federal Fair Labor Standards Act (FLSA) says that the duty to pay overtime depends upon the type of work your employees do. The FLSA exe...
Overtime pay can be a tricky concept to grasp. Learn what overtime rules you have to follow and how to calculate overtime with our guide.
Depending on the jurisdiction, salaried employees are not always guaranteed overtime. However, when overtime is covered, the annual salary amount is converted into a weekly amount to determine an equitable hourly rate. For example, an annual manager’s salary of USD$75,000 can be calculated int...
The most important change made by the new federal rules is the increase in the minimum salary level for exempt employees. Workers earning less than the minimum are not exempt from the rules, regardless of what duties or responsibilities they might have. Under the old law, that minimum was onl...