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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. The FLSA contains certain exemptions to the overtime payment requirements.

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New DOL Overtime Regulations Effective January 1, 2020

AssuredPartners

On September 24, 2019, the U.S. And, for the first time in 15 years, American workers will see an update to the FLSA overtime regulations that will in turn place overtime compensation into the pockets of more than a million working American people. It is estimated that up to 1.3 It is estimated that up to 1.3

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Employment Laws in Bermuda

Global People Strategist

According to the Act, overtime pay is essential unless a prior contract has been drawn. However, overtime is not applicable for professional or managerial employees. Generally, employees who work overtime for more than 40 hours per week must be given overtime pay. However, a rest period is mandatory. Minimum Wage.

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Payroll in the last 12 months: wage theft, legislation, natural disasters and global crises

Ascender

On March 2020, the Fairwork Commission introduced changes to annualised salaries , affecting over 22 modern awards including the Clerks Private Sector Award 2010. In 2018, the Chinese parliament introduced amendments to China’s Individual Income Tax (IIT) Law and was implemented in 2019. China: Income tax system overhaul.

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Payroll and the financial year that was: wage theft, legislation, and crises

Ascender

On March 2020, the Fairwork Commission introduced changes to annualised salaries , affecting over 22 modern awards including the Clerks Private Sector Award 2010. In 2018, the Chinese parliament introduced amendments to China’s Individual Income Tax (IIT) Law and was implemented in 2019. China: Income tax system overhaul.

Payroll 52
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Single Touch Payroll Phase 2: What to expect

Ascender

By 1 July 2019, all businesses across Australia should be compliant to STP regardless of their total headcount, requiring huge efforts from employers and payroll solutions providers to work together to prepare their payroll data and ensure their payroll systems are STP-enabled for smooth compliance.

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

Workers' Compensation Perspectives

The March 2019 release [USDL-19-1002] provides the following synopsis: Employer costs for employee compensation for civilian workers averaged $36.77 per hour worked in March 2019, the U.S. Some components are related to production needs and include overtime and shift differentials. Bureau of Labor Statistics reported today.