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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. What’s changing The exempt salary threshold will be bumped up to $1,059 per week, from the current $684.

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Overtime Calculation in UAE

Bayzat

The payroll function of any company is crucial, and the calculation of overtime pay before processing employee payments is an essential aspect of it. In the United Arab Emirates (UAE), there are specific laws and regulations that govern how employers should handle overtime pay for their employees. What Does Overtime Mean?

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Salary threshold for exempt overtime is likely to increase

Business Management Daily

On May 5th, the Department of Labor recently hosted a listening session on how much salary employees must earn to be exempt from the Fair Labor Standards Act and if that amount might change. There are several employer-focused listening sessions scheduled and you can register for them here ; starting times vary. But take heart.

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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).

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DOL Final Overtime Rules: Quickstart Guide for Employers

On August 30, 2023, the DOL unveiled a proposed overtime rule that would raise the weekly salary threshold under the Federal Labor Standards Act. Paycor is closely monitoring the proposal and will provide updates as new information becomes available.

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Mobile Devices: Minimizing Overtime Concerns

Stratus.HR

While this may enhance productivity, it’s also a source of concern for overtime liabilities. Despite advancements in technology, the laws governing overtime haven’t changed much in the last 50+ years. Which laws govern overtime? New Overtime Rule Compliance Strategies New Overtime Rule: Minimum Salary Raised to $35,568.

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Employment Law Overview in Peru

Global People Strategist

Understanding local employment laws is crucial for those considering employment opportunities in this South American nation. Navigating the intricacies of Peru’s employment landscape involves grasping key aspects such as general labor laws, tax regulations, and employee benefits.