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Proposed 2015 DOL Overtime Rule Changes: Primary Duty Test

HR Bartender

Department of Labor (DOL) published its proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). Under the Act, to be exempt (from overtime), an employee must meet 3 requirements: The employee must be paid a minimum weekly salary; The employee must be paid on a salary rather than on an hourly basis.

Overtime 128
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A Guide to Calculating Pensionable Earnings for Employers

Employee Benefits

It is the portion of the employee’s salary that is used to determine the pension contribution. Basic pay method This method involves using the employee’s base salary or wages, inclusive of holiday pay, but excluding additional earnings like overtime or bonuses. Book a demo of Penfold today.

Pension 52
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5 Benefits for Using Modern Payroll Software in UAE

Bayzat

Step 3: Ink the Deal Write a contract dealing with all the work details, including salary, number of hours, benefits you name it. To keep it in the book, with proper documentation and timely payments. Step 6: Cash Talks Take into account wages in the industry and location and calculate salaries. Clear communication is key!

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How to set up a payroll process: 10 steps

Insperity

Understanding the difference means knowing how to report income, withhold and pay taxes, and handle overtime for each group. These are salaried employees who are not eligible for overtime compensation. This includes hourly employees who qualify for overtime compensation. Calculate payroll, and don’t forget deductions.

Payroll 101
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7 FLSA record-keeping violations and how to avoid them

Insperity

The FLSA is a federal law that establishes the minimum wage, overtime pay, record-keeping and youth employment standards governing the employer-employee relationship. For example, a certain employee may be exempt from minimum wage, overtime pay and record-keeping, while another may be exempt only from overtime pay.

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Employment law changes to watch in 2021

Insperity

The collection of wage deductions will begin on Jan. This rule includes overtime hours and starts when the employee is hired. Employees earn an hour of leave for every 30 hours worked, including overtime. Post open positions, including job descriptions and salary range, before filling those positions. Connecticut.

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5 compliance mistakes you may not know you’re making

Insperity

A misconception exists that companies have a choice about how to classify employees as exempt or non-exempt , and therefore whether an employee is paid a salary or hourly. Just because someone works in an office, versus at a cash register or on a manufacturing line, doesn’t mean they are exempt from being paid overtime.