HR Bartender
JULY 14, 2015
Department of Labor (DOL) published its proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). The overtime rule changes are significant and fall into two categories: salary basis and primary duties test. Why should employers care about the proposed changes to highly compensated employees (HCE)?
BerniePortal
SEPTEMBER 24, 2019
What HR needs to know about the Department of Labor’s final overtime rule. The Department of Labor has released a final rule increasing the wage threshold for employees eligible for overtime to $35,568 per year, or $684 per week, beginning in 2020.
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Business Management Daily
SEPTEMBER 24, 2019
The white-collar overtime threshold will increase to $35,568 on Jan. million more Americans eligible for overtime pay. The new threshold represents a 50% increase over the current threshold of $23,660, which was established in 2004. 1, 2020, following approval of a final rule the Department of Labor says will make 1.2
Global People Strategist
OCTOBER 5, 2020
The Labor Code of the Republic of Armenia was adopted in 2004 and defines the current labor legislative framework in the country. The employer and employee each reserve the right to end the contract with a three-day written notice. The maximum hours of work, including overtime, should not exceed 12 hours a day and 48 hours a week.
HR Bartender
MAY 22, 2016
Department of Labor (DOL) about changes to the overtime rule in the Fair Labor Standards Act (FLSA.) 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.
AssuredPartners
MARCH 27, 2019
Under the proposal, the minimum salary level for the “white collar” overtime exemptions would increase from $455 to $679 per week ($35,308 per year). The FLSA contains certain exemptions to the overtime payment requirements. On November 22, 2016, however, a federal court ruled that the 2016 final rule was unenforceable.
AssuredPartners
SEPTEMBER 30, 2019
The DOL believes that this update will help maintain the original purpose of the salary level test and will help employers more readily identify exempt employees. The DOL estimates this rule will transfer income from employers to employees in the form of wages by an annualized amount of $298.8 It is estimated that up to 1.3
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