article thumbnail

New overtime regulations are open for comment

Business Management Daily

Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. Comments may be submitted electronically through the Federal eRulemaking Portal. To get started: Identify employees; pay attention to assistant and middle managers. You have until Nov.

article thumbnail

How to Create a Pay Stub for Employees?

HR Lineup

Employee Information: Full name Address Employee identification or social security number Pay period dates 2. Earnings: Gross wages Overtime pay Bonuses or commissions Reimbursements 3. Hourly Employees: Input regular hours and overtime hours, if applicable. Calculate gross wages based on the hourly rate.

Net Pay 83
Insiders

Sign Up for our Newsletter

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

article thumbnail

Introducing FedNow: The Fed’s new direct deposit service

Business Management Daily

It takes some time for the funds to settle, although employees’ net pay usually hits their bank accounts two days before payday. Whether they can access their pay before payday is up to their banks. The Federal Reserve is the big new player in electronic transactions.

Net Pay 52
article thumbnail

Misclassification Lawsuit Filed by NJ Attorney General

Workers' Compensation

These practices not only resulted in the company at times paying truck drivers less than New Jersey’s effective minimum wage, but also, the deductions were sometimes greater than a driver’s entire gross pay, resulting in a negative net pay during some pay periods.