The DIR guidance states: “Under California law, to qualify as an ‘exempt employee’ for wage-and-hour purposes, you must receive a salary of at least two times the state minimum wage for someone working 40 hours a week and meet other specific requirements. If your salary is less than $...
For these reasons, a prospective non-exempt employee may need to think twice before expecting overtime and budgeting accordingly. Legal Errors Employers Make If an employer cannot keep up with the FLSA requirements, they could face severe legal trouble. An employer needs to effectively track over...
implement the exemptions from minimum wage and overtime pay requirements. The first phase of the rule becomes effective July 1, 2024 and the second phase becomes effective January 1, 2025. This final rule has the potential to impact a significant number of currently overtime exe...
The FLSA further permits an exemption from federal overtime requirements for “highly compensated employees,” who receive a high annual compensation and whose primary duty includes performing office or non-manual work and who customarily and regularly perform at least one of the exempt duties or r...
As such, for exempt employees that do not meet the minimum salary threshold, employers will have to decide whether to raise salaries in accordance with the requirements, or to reclassify those employees as non-exempt. That decision will depend on multiple factors, including how many hours...
“Salary” and “wages” don’t just refer to the ways employees are paid, either. Depending on the company, there are different expectations, benefits and requirements for both types of workers. Continue reading to find out what constitutes a salaried employee versus an hourly employee, along ...
Discover the differences between salary and hourly pay. Learn benefits, drawbacks, and tips to choose the best alternative for your employees.
Non-exempt, salaried employees are entitled to overtime pay if they work more than 40 hours per week. Labor laws for salaried employees The FLSA governs salary basis requirements and exemption statuses at the federal level. Individual states may have their own laws for salaried employees, which ...
Requirements for Salaried Workers Exempt from Overtime Employees in Florida who are paid a salary and who are not eligible for overtime compensation must be paid their full salaries even when they don't work a full 40 hours in a week. For example, if an exempt employee works for one hour...
On November 15, a federal court voided the new overtime rule that was going to increase the FLSA salary threshold to $43,888 annually.