Business Management Daily
JULY 4, 2022
The FLSA provides specific guidelines for which employees may be classified as exempt, making them exempt from overtime pay. You must abide by applicable laws regarding meal breaks, work hours, and overtime pay for employees in each state. This can be done electronically in most cases. Minimum wage.
Business Management Daily
MAY 30, 2022
Nonexempt employees are compensated on an hourly basis and eligible for overtime pay. Employers must follow FLSA regulations as well as any state overtime rules in order to properly compensate non- exempt employees for the time worked. Exempt workers aren’t entitled to overtime pay. Some employers also participate in E-Verify.
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Business Management Daily
OCTOBER 28, 2021
Also, take a look at overtime wages paid and ensure that applicable Department of Labor (DOL) compliance requirements for overtime pay have been followed, including properly classifying exempt and nonexempt workers to pay out overtime to the correct staff members. Handle unused PTO and benefits. Pay out bonuses.
Business Management Daily
JULY 27, 2021
These employees are exempt from being paid overtime. Nonexempt employees are entitled to overtime pay if they work over 40 hours in a workweek. Also provide information on overtime pay, meal periods, and breaks. PTO policy. Also, be sure to include if there is a waiting period for using accrued PTO for new employees.
Insperity
FEBRUARY 6, 2020
They tend to prefer open-ended paid time off (PTO) to allow more time to attend to family obligations, enjoy more travel opportunities and even engage in volunteer activities – with the caveat that as long as work gets done, it’s OK. Keep in mind that overtime worked can increase the average or expected annual accrual.
Business Management Daily
APRIL 22, 2024
Nothing will eat up an organization’s profits more than overtime, so you must keep a close eye on your employee’s work hours. If an employee completes their timecard electronically, it’s normal for them to submit it to their manager via email. Controlling costs.
Insperity
JANUARY 5, 2017
The new overtime regulation would have changed overtime eligibility for white collar, salaried workers earning less than $913 a week ($47,476 a year). It’s too complicated to “wing it” as you keep track of exempt and non-exempt, salaried and hourly employees , and who is eligible for overtime pay and various levels of benefits.
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