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The New #FLSA Overtime Changes: Make Sure Company Policies Are Aligned

HR Bartender

Department of Labor with changes to the overtime provision of the Fair Labor Standards Act (FLSA). In case you missed it, here’s a short summary of the ruling : The Department of Labor has set the new standard salary level at $913 per week or $47,476 annually. Exploring the Overtime Policy Piece.

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The Importance of a Strong Strategic Link Between HR and Finance

Hppy

For example, if profit projections are down, Finance might inform HR that overtime needs to be reined in. Some departments, such as Payroll, overlap the two areas. HR can adjust hiring schedules and monitor performance data to ensure the company is not spending more than it needs to on salaries and overtime.

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