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Steps to take ahead of possible DOL change in exempt salary qualifications

Business Management Daily

The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. The current weekly salary is $684 a week or $35,568 a year. Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court.

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The 2016 #FLSA Overtime Changes: What #HR Needs to Know

HR Bartender

Last summer, I spoke with Jonathan Segal , a partner with the law firm Duane Morris LLP regarding the proposed overtime rule changes to the minimum weekly salary requirement and the primary duty test. In the final rule, the DOL made the weekly minimum salary ‘only’ $913. The effective date of the new rules is December 1, 2016.

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Be on the Lookout for These Top 10 Workforce Trends in 2016

Asure Software

Take a look at the top workforce trends that are rising up in 2016. Benefit and salary packages should be generous with some unique bonuses involved to peak applicants’ interests. For the Millennial worker, personal and family time is more important than high salaries and benefits. Infringing on Personal Time.

401(k) 54
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DOL Issues New Proposal on Overtime Exemptions

AssuredPartners

{"ops":[{"insert":"On March 7, 2019, the Department of Labor (DOL) issued a "},{"attributes":{"color":"#28724f","link":"[link] rule"},{"insert":" that would change the salary thresholds for certain exempt employees. In addition, the 2016 final rule would have further increased those amounts through automatic adjustments every three years.

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Overtime threshold rising to $35,568 on Jan. 1

Business Management Daily

In addition to raising the overtime salary threshold, the final rule: Allows employers to use nondiscretionary bonuses and incentive payments (including commissions) paid at least annually to satisfy up to 10% of the standard salary threshold. The DOL announced the new threshold on Sept.

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Overtime: What Proposed DOL Overtime Exemption Could Mean For Employers?

HR Digest

Raises the salary threshold from $455 per week ($23,660 per year) to $679 per week ($35,308 per year). Salaried employees who are managers and those with certain “specialized skills” – such as a professional degree or training in a specific field – are exempt from overtime pay if they make: More than $455 per week; or.

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Limited Contract Resignation in UAE

Bayzat

6 of 2016 outlines the specific steps a government employee needs to take when resigning. During this time, they are expected to hand over anything they have got from the job, and as a bonus, they receive a payout equal to their full salary for that period. Articles 80-81 lay down the details of the resignation process.