overtime-rule-finalized-new-wage-threshold 
PeopleStrategy
SEPTEMBER 14, 2023
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).
PeopleStrategy
DECEMBER 12, 2023
The end of the year brings a lot of final reports and loose ends to tie up. 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. There are some areas, though, that might not have crossed your mind yet.
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Higginbotham
JULY 25, 2023
The proposed rule would also clarify the tax treatment of certain benefit payments in fixed amounts received under employer-provided accident and health plans. STLDI is specifically exempt from the definition of “individual health insurance coverage” and, therefore, is not subject to the ACA’s requirements for comprehensive coverage.
Higginbotham
SEPTEMBER 12, 2023
percent of the employee’s household income for the year for purposes of both the pay or play rules and premium tax credit eligibility. This is the most substantial decrease in this percentage since these rules were implemented (down from 9.12 DOL Proposes FLSA Overtime Rule with Higher Salary Levels for White-Collar Employees On Aug.
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.
AssuredPartners
SEPTEMBER 30, 2019
Department of Labor (DOL) announced its plans to update the rules of the Federal Fair Labor Standards Act (FLSA) effective January 1, 2020. The DOL has shared that this new rule brings a more common-sense type approach that offers consistency and certainty for employers, as well as clarify and prosperity for American workers.
Genesis HR Solutions
AUGUST 7, 2018
From the Department of Labor (DOL) Wage and Hour Division : The FLSA establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. Covered nonexempt workers are entitled to a minimum wage of not less than $7.25
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