Current Overtime Rules and Thresholds The FLSA, amongst other things, requires that employees be paid overtime for all hours that are worked above 40 hours in a workweek. There are exemptions to these overtime
*The Obama Administration’s rules increasing this salary amount to $47,476 did not go into effect on 12/1/16. The Trump Administration has announced the final revised Overtime Rule for salaried employees, which will set the minimum yearly salary for exempt employees at $35,568 or $684 per...
With a few limited exceptions, executive, administrative and professional employees earning a weekly salary of less than $455 allegedly have no chance of qualifying for any of these exemptions. Additionally, new rules ...
Many jobs require employees to work nights. Assuming that the hours do not exceed 40 hours per week, no overtime is necessary for this work schedule. Overtime pay rules apply to employees regardless of shifts or location. For example, hours worked at home must be taken into account if they...
The rules apply to “white collar” exempt employees, which includes workers that perform administrative, executive or professional duties. CPAs, EAs and other tax return preparers are directly affected by this rule. Many of those employers hire exempt employees on weekly salaries for administrative...
State Overtime Rules While the Fair Labor Standards Act (FLSA) establishes a nationwide baseline, many states impose stricter rules. Federal law requires overtime pay for non-exempt employees working more than 40 hours per week. However, states like California, Alaska, and Nevada also require ...
Employees who fall under the highly compensated employee exemption must earn $107,432 per year, NOT $132,964. 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...
If not, they must follow Kansas’s overtime rules for non-exempt employees. Minnesota Minnesota’s state overtime law requires companies to pay overtime for those working over 48 hours in a workweek. Like Kansas, Minnesota businesses covered by FLSA must follow the federal law. Stay on ...
4-Hour 2024 Updates for FLSA Overtime Rules & Exemption Criteria Wed, Apr 9 • 10:00 PM GMT+8 + 4 more From $595.00 Mike Penn Exempt Employee Compliance 2025: Key Changes and Best Practices Sat, Mar 8 • 3:00 AM GMT+8
he Fair Labor Standards Act (FLSA) requires employers to pay non-exempt employees an overtime rate of 1.5 times their regular rate for all hours worked over 40 hours per workweek. Starting July 1, 2024, the Department of Labor (DOL) will introduce a significant update to the overtime ...