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Expert Q&A: Understanding the DOL’s Overtime Rules

HR Digest

The overtime rules went into effect on January 1, 2020. Under the new proposal, people earning a salary level of $679 for 40 hours per week (about $35,308 annually), will be eligible for overtime pay based on varied duties. Six discussions were held, and it was decided that the present compensation for overtime was inadequate.

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Labor Code in Iceland

Global People Strategist

Iceland is a country primarily supported by fisheries and manufacturing industries which allow for the harvesting and export of marine products and goods. Overtime work, however, is limited to 48-hours per week. The overtime pay rate per hour in Iceland is 1.0385% of the regular monthly wage. Contract of Employment.

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The essential guide to payroll in the Philippines

Ascender

While the Philippines is still considered an emerging market, it enjoys a strong and stable economy with low-interest rates, a focus on growing industries such as manufacturing and agribusiness, and a young and educated workforce. Employers are obligated to withhold tax from their employee’s salaries. Here’s what you need to know.

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Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

.); "total amount paid to employees over a period," hence, via records-keeping, "list of employees receiving pay." [ See [link] ] Today, the word “payroll” more often than not refers to the department or system that manage employer costs for a range of employee compensation components. Wages and salaries cost employers $25.22

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Cambodia: Labor Law Amendment on ‘Seniority Payment’

Global People Strategist

employment contracts without a fixed expiration date, or UDCs), and replaces it with an ongoing requirement for employers to pay employees a new “seniority payment.” employment contracts with a fixed expiration date). employment contracts with a fixed expiration date). Changes on Seniority Payment Implemented.

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Limited vs. Unlimited Contract in UAE

Bayzat

However, with the benefits of living and working in the UAE, one must have a valid employment contract, as required by the UAE Labor Law (unless you’re working in the Dubai International Financial Centre “DIFC” zones). In this article, we will explain the key differences between the two employment contracts in the UAE.

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How Gender Pay Gap Affects Your Business

Vantage Circle

IT services showed a clear pay gap of 26% in favor of men, and in the manufacturing sector, they earn 24% more than women. Young women are especially demotivated by inequality and tend to feel less proud to work for an employer with a gender pay gap. What is the Gender Pay Gap? Generally, women are considered to be paid less.

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