Remove 2019 Remove Commissions Remove Overtime Remove Salary
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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. 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 next stage of the project includes revisions to the special salary levels for employees in U.S. 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. This is because their SOE states that their yearly salary must be calculated based on, sometimes, 40 hours of work per week. However, a rest period is mandatory.

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

Ascender

Some of the legislation updates we have seen in the past year are: Australia: Annualised salary changes. On March 2020, the Fairwork Commission introduced changes to annualised salaries , affecting over 22 modern awards including the Clerks Private Sector Award 2010. Singapore: Increase to CPF contributions for senior workers.

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

Ascender

Some of the legislation updates we have seen in the past year are: Australia: Annualised salary changes. On March 2020, the Fairwork Commission introduced changes to annualised salaries , affecting over 22 modern awards including the Clerks Private Sector Award 2010. Singapore: Increase to CPF contributions for senior workers.

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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

Common terms include wages, salaries, benefits, fringe benefit, and remuneration or earnings—often used interchangeably—but they are all referring to the same thing: money paid by the employer to a worker or on behalf of a worker as part of compensation for labour/work performed. per hour worked in March 2019, the U.S. A rate of $1.35