Employee Benefits
APRIL 17, 2024
With the cost-of-living crisis enduring, employees from some sectors are likely to be seeking additional hours, usually through taking on overtime. We gave employees in stores and plants an incentive to finish their work on time, whereas premium overtime rates provided an incentive for them to work as long as possible,” he says. “We
HR Bartender
JULY 21, 2015
Department of Labor (DOL) published its proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). Under the Act, to be exempt (from overtime), an employee must meet 3 requirements: The employee must be paid a minimum weekly salary; The employee must be paid on a salary rather than on an hourly basis.
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Higginbotham
SEPTEMBER 12, 2023
DOL Proposes FLSA Overtime Rule with Higher Salary Levels for White-Collar Employees On Aug. Department of Labor (DOL) announced a proposed rule to amend current requirements employees in white-collar occupations must satisfy to qualify for an overtime exemption under the Fair Labor Standards Act (FLSA). 30, 2023, the U.S.
HR Digest
APRIL 12, 2021
If a company has a reputation of being a bad paymaster, not keeping its promises, working people overtime, then the attrition rate is going to be very high. Is it about offering a good salary, perks and benefits? There are some monetary benefits that can be given for taking care of hospital dues. An onsite health hub.
Business Management Daily
DECEMBER 1, 2020
In addition, They also receive overtime at time-and-a-half for hours in excess of 40 per workweek. Exempt workers generally receive a set salary for all hours worked – no matter how many. They receive no overtime. First, make sure you classify employees correctly. You must pay hourly workers for all time worked.
Business Management Daily
OCTOBER 22, 2019
One of our most trusted advisors on all things employment law, Nancy Delogu, answers readers questions about when (and if) it’s safe to shred I-9 forms, salaried versus hourly paid leave and discussing medial information of a non-employee. Did we pay these workers correctly when they had kids in the hospital?
Insperity
JUNE 25, 2020
You could also consider merely reducing the percentage of their base salaries that employees are eligible to earn. The Fair Labor Standards Act (FLSA) sets federal minimum wage and overtime pay requirements for exempt and non-exempt workers. Apply overtime accordingly. Other considerations. Retention bonuses.
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