Remove dol-overtime-rule-threshold-increases
article thumbnail

DOL Proposes $55k Overtime Rule Threshold & Schedules Regular Increases

BerniePortal

It’s here, the news we have all been waiting for: the Department of Labor (DOL) has proposed the new overtime rule threshold guidance for employers.

article thumbnail

DOL Proposes Massive Increase in Overtime Pay Threshold

InterWest Insurance Services

Department of Labor has issued its long-awaited proposed changes to the nation’s overtime rules for American workers, proposing to increase the threshold for exempt status by more than 50% to $55,000. But that should not stop you from taking steps to comply with the proposed rule.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Preparing for Potential Overtime Changes

PeopleStrategy

Changes Could Be Coming Whether or not you pay employees overtime right now, the number of staff you compensate in this manner could be changing. Meaning you might owe more employees overtime in the future. Department of Labor announced at the end of August a proposed overtime rule under the Fair Labor Standards Act (FLSA).

article thumbnail

Exempt vs. non-exempt employees: Navigating worker classification

Higginbotham

Such positions often require a salary that meets or exceeds a specific threshold rather than hourly pay. These workers are usually paid hourly and are eligible for overtime pay and minimum wage protections due to the nature and hours of their work. Department of Labor (DOL).

article thumbnail

September HR Update

Higginbotham

percent of the employee’s household income for the year for purposes of both the pay or play rules and premium tax credit eligibility. This is the most substantial decrease in this percentage since these rules were implemented (down from 9.12 DOL Proposes FLSA Overtime Rule with Higher Salary Levels for White-Collar Employees On Aug.

article thumbnail

July HR News Worth Review

Higginbotham

The Departments are proposing changes to STLDI and fixed indemnity coverage to help consumers distinguish them from comprehensive health coverage and increase consumer awareness of coverage options that include the ACA’s consumer protections.

article thumbnail

Overtime threshold rising to $35,568 on Jan. 1

Business Management Daily

The white-collar overtime threshold will increase to $35,568 on Jan. 1, 2020, following approval of a final rule the Department of Labor says will make 1.2 million more Americans eligible for overtime pay. The DOL announced the new threshold on Sept. That equals weekly pay of $684.