HR Digest

SEPTEMBER 18, 2023

Effective from 17 September this year, the pay transparency law will now enforce regulations that ensure employers who want to advertise a job posting are clear about what salaries applicants could expect for the position. How Does the New Law Work in NY?

Salary 86

Salary Commissions Retirement Plan Overtime 86

HR Lineup

APRIL 30, 2024

Understanding the distinction between exempt and non-exempt status is crucial for both employers and employees alike, as it dictates various aspects of employment, including eligibility for overtime pay, minimum wage requirements, and exemption from certain labor regulations. Each exempt category has its own set of criteria that must be met.

Overtime 69

Overtime Salary Employment Management 69

Business Management Daily

APRIL 7, 2023

The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. The current weekly salary is $684 a week or $35,568 a year. Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court.

Salary 52

Salary Overtime Payroll Payroll Manager 52

Business Management Daily

MARCH 15, 2019

Employers should start planning now how they will respond to the Department of Labor’s proposal to raise the overtime salary threshold. The post New overtime salary threshold: First steps and reactions appeared first on Business Management Daily.

Overtime 40

Overtime Salary Employment Management 40

Qandle

NOVEMBER 27, 2023

Payroll management is a critical aspect of running a successful business, ensuring that employees are compensated accurately and on time. This guide aims to provide a comprehensive overview of payroll management in a concise manner. Looking for the Best Payroll Management ? Check out the Payroll Management.

Payroll Manager 98

Payroll Manager Payroll Gross Pay Payroll Software 98

HR Digest

OCTOBER 10, 2023

One way to display this displeasure during resignation is when the salary is withheld after the resignation period is announced. Let’s look at what you can do when your salary is withheld during your notice period. What Are Legal Protections When Salary Is Withheld after Resignation?

Salary 52

Salary Government Overtime Deductions 52

HR Bartender

SEPTEMBER 20, 2016

Department of Labor issued a ruling this summer that changed the overtime rules under the Fair Labor Standards Act (FLSA.) Some of those changes involve converting salaried employees to hourly status. I originally happened upon your site in looking for information about the 2016 FLSA overtime issue. I am an employee.

Salary 121

Salary Overtime Human Resources Government 121

Business Management Daily

JANUARY 9, 2020

Are you fully compliant with the new overtime rules that went into effect Jan. They raised the overtime salary threshold to $35,568. That means exempt employees earning less than that amount per year must receive overtime pay when they work more than 40 hours in a workweek. Review salary levels.

Overtime 59

Overtime Bonuses Salary Commissions 59

HR Digest

APRIL 25, 2019

Raises the salary threshold from $455 per week ($23,660 per year) to $679 per week ($35,308 per year). On March 7, 2019, the US Department of Labor (DOL) released a proposal to update the overtime rules under the Federal Fair Labor Standards Act (FLSA). million Americans who work more than 40 hours a week eligible for overtime pay.

Overtime 40

Overtime Employment Salary Pay Raise 40

Insperity

JULY 18, 2019

When employees work more than 40 hours in a week, can they be paid with compensatory time (comp time) vs. overtime? In many cases, overtime pay is the only option. Compensatory time: Commonly referred to as comp time, this is paid time off given to an employee in lieu of overtime pay.

Overtime 74

Overtime Government Salary Banking 74

Employee Benefits

FEBRUARY 2, 2023

For some of our locations, the HR system is connected via payroll so naturally the salary and allowance data is correct; if not, people would soon shout that their pay is wrong. Let’s start there, I suggest, hoping to bite off a small, manageable chunk. times the monthly salary. times the monthly salary.

Management 98

Management Salary Overtime Pension 98

Higginbotham

MARCH 28, 2024

These roles include executives who manage a business or a department, professionals with advanced degrees or specialized knowledge (such as lawyers, doctors and accountants) and administrative roles like HR manager or marketing director.

Family and Medical Leave Act 52

Family and Medical Leave Act Overtime Deductions Deductible 52

HR Bartender

OCTOBER 25, 2016

A few weeks ago, I answered a question from a reader about converting from salary to hourly status as a result of the upcoming changes to the Fair Labor Standards Act (FLSA.) So here are a few things to consider when it comes time to talk with employees about the changes and requirements of moving from salary to hourly. Don’t delay.

Salary 125

Salary Overtime Human Resources Payroll 125

Business Management Daily

SEPTEMBER 24, 2019

The white-collar overtime threshold will increase to $35,568 on Jan. million more Americans eligible for overtime pay. The new threshold means exempt administrative, executive and professional employees will be eligible for overtime pay as long as they don’t earn more than $35,568 per year. That equals weekly pay of $684.

Overtime 40

Overtime Salary Commissions Bonuses 40

HR Bartender

MAY 22, 2016

Department of Labor (DOL) about changes to the overtime rule in the Fair Labor Standards Act (FLSA.) Last summer, I spoke with Jonathan Segal , a partner with the law firm Duane Morris LLP regarding the proposed overtime rule changes to the minimum weekly salary requirement and the primary duty test.

Overtime 91

Overtime Salary Commissions Human Resources 91

HR Bartender

JULY 19, 2016

(Editor’s Note: Today’s post is brought to us by Paycom , a leading provider of comprehensive, cloud-based human capital management software. Department of Labor with changes to the overtime provision of the Fair Labor Standards Act (FLSA). They’re also having internal discussions about how to manage overtime pay and payroll expenses.

Overtime 90

Overtime Human Resources Retirement Plan Life Insurance 90

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.

Overtime 128

Overtime Salary Deductions Deductible 128

HR Lineup

JANUARY 29, 2024

Creating accurate and professional pay stubs is an essential aspect of managing a business. Earnings: Gross wages Overtime pay Bonuses or commissions Reimbursements 3. Hourly Employees: Input regular hours and overtime hours, if applicable. Salaried Employees: Input the employee’s annual salary.

Net Pay 83

Net Pay Deductions Deductible Payroll Software 83

Insperity

SEPTEMBER 8, 2016

Department of Labor (DOL) seeks greater protection for certain lower-paid executive, administrative and professional (“white collar”) employees who are currently exempt from overtime, though likely work more than eight hours a day (in select states) or forty (40) hours each week. Meet the minimum salary level (“salary level test”).

Overtime 75

Overtime Salary Payroll Consulting 75

Qandle

DECEMBER 5, 2023

Understanding Payroll Processing: At its core, payroll processing involves calculating employee compensation, including salaries, wages, bonuses, and deductions. This includes hours worked, overtime, leaves, and any additional variables influencing pay. Digital solutions enhance efficiency and security in record management.

Payroll 98

Payroll Net Pay Gross Pay Payroll System 98

Business Management Daily

OCTOBER 6, 2023

You can adjust parents’ (or any employees’) work schedules to this new normal with no loss of pay, but if they’re nonexempt and can’t work from home, you must also consider your obligation to pay overtime if they end up working longer than 40 hours in a week. The regular rate is figured by dividing salary by 40 hours.

Overtime 52

Overtime Deductions Deductible Salary 52

Abel HR

FEBRUARY 27, 2020

Last fall, the US Department of Labor issued a final rule that just went into effect on the first of this year that would raise the minimum salary threshold that workers must be paid in order to be exempt from overtime requirements. times their regular pay) for any time worked over the 40-hour week-long work period.

Salary 52

Salary Overtime Payroll System Payroll 52

Professionals Alternative

DECEMBER 8, 2022

Credit and Collections Manager Responsibilities. A credit and collections manager has many important responsibilities, including the coordination and direction of policies and operations, overseeing the collections procedures, and supervising the credit and collections team in contacting clients with pending debt and credit applications.

Management 52

Management Finance Salary Education 52

Business Management Daily

MAY 1, 2024

Keeping job descriptions up-to-date is a key task that supports your company’s recruiting efforts, performance management , and legal compliance. The essential functions list is also important for Americans with Disabilities Act (ADA) accommodations and FMLA leave management.

Overtime 52

Overtime Human Resources Bonuses Recruitment 52

Global People Strategist

DECEMBER 12, 2023

Contractual Agreements: Employment contracts in Peru should be in writing and detail essential terms such as salary, working hours, and job responsibilities. Working Hours and Overtime: The standard workweek in Peru is 48 hours, typically spread across six days. Unlock the power of global HR management with Global People Strategists.

Employment 96

Employment Overtime Taxes Paid Leave 96

Business Management Daily

AUGUST 28, 2018

New overtime rules coming March 2019. DOL to raise salary threshold for paying overtime to white-collar workers. The post DOL plans to issue new overtime rules in March 2019 appeared first on Business Management Daily. Here's what you need know today.

Overtime 40

Overtime Salary Management Human Resources 40

Workplace Insight

MARCH 5, 2023

Here, I outline six skills that will be required of management teams to effectively lead their workforces in the future. With the use of data, one can analyse employee promotion rate, verify the existence of healthy salary inclusion, or ensure the presence of a healthy gender split in leadership positions.

Management 98

Management Overtime Workplace Flexibility Software 98

PeopleStrategy

DECEMBER 12, 2023

Let’s get into these areas that deserve another look before the new year starts: health savings accounts, overtime, retirement, remote employment, and the Affordable Care Act. But we have a checklist that supervisors, managers or anyone in the HR department can use to ensure key steps are hit. 1, 2024, for overtime-eligible employees.

401(k) 52

401(k) Overtime Health Savings Account Retirement Plan 52

Business Management Daily

DECEMBER 1, 2020

Managing hourly workers during the current COVID-19 pandemic requires careful planning and oversight. 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.

Overtime 52

Overtime Management Salary Government 52

UpstartHR

SEPTEMBER 10, 2018

How can we avoid paying overtime to employees? My answer was short and sweet: I’m pretty sure that there is a point to making overtime wages a required thing, and it’s to avoid questions like this. Some of the key factors in overtime (especially high usage) may not be related to the actual job duties at all.

Overtime 40

Overtime Salary Employment Management 40

Business Management Daily

DECEMBER 23, 2021

Are you looking to hire and need the perfect payroll manager job description to bring in top talent? This job description template will help you understand the role of a payroll manager and what to look for in potential candidates. Payroll manager job description. Payroll manager responsibilities and duties.

Payroll Manager 52

Payroll Manager Payroll Management Payroll System 52

Business Management Daily

MARCH 29, 2019

Before you move forward with any compensation adjustments in response to the new proposed federal salary threshold, check your overtime compliance. The post State OT salary thresholds may exceed new DOL rule appeared first on Business Management Daily.

Salary 40

Salary Overtime Management Employment 40

HR Lineup

FEBRUARY 1, 2024

In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions.

Bonuses 60

Bonuses Commissions Salary Overtime 60

Employee Benefits

SEPTEMBER 6, 2023

It is the portion of the employee’s salary that is used to determine the pension contribution. Basic pay method This method involves using the employee’s base salary or wages, inclusive of holiday pay, but excluding additional earnings like overtime or bonuses. Employee contribution (inc. Employee contribution (inc.

Pension 52

Pension Employment Bonuses Net Pay 52

Hppy

OCTOBER 20, 2022

Failure to comply with the laid down laws not only hurts the progress of the company you work for but can also ruin your career as a professional HR manager. You can adopt various strategies to ensure compliance with laws when completing your HR management tasks, and one of them is leveraging the power of HR management software.

Software 36

Software Management Overtime Utilities 36

Qandle

DECEMBER 5, 2023

Understanding Payroll Processing: At its core, payroll processing involves calculating employee compensation, including salaries, wages, bonuses, and deductions. This includes hours worked, overtime, leaves, and any additional variables influencing pay. Digital solutions enhance efficiency and security in record management.

Payroll 52

Payroll Net Pay Payroll Software Gross Pay 52

Business Management Daily

MARCH 1, 2022

The FLSA establishes federal minimum wage, overtime pay requirements, employer recordkeeping standards, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. How you classify your employees will determine whether they are eligible for overtime. Exempt vs. non-exempt.

Overtime 52

Overtime Employment Salary Engineering 52