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How the Proposed U.S. Administration Rule Could Benefit Millions of Workers with Overtime Pay

HR Digest

Department of Labor has made an announcement today in the form of a notice of proposed rulemaking that intends to bring back and extend overtime protections for 3.6 million salaried employees. This proposed rule would guarantee that more workers get extra compensation when they work overtime.

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Odfjell Technology drillers accept pay deal

Employee Benefits

More than 80 offshore drillers working for Odfjell Technology have settled a pay and conditions dispute over work on TAQA installations. The revised pay deal, secured by trade union Unite, will increase basic salaries by 8% and will be backdated to 1 June 2023. Odfjell Technology has been contacted for comment.

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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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Payroll Process: A Comprehensive Guide to Payroll Processing

Qandle

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. What are the steps in the payroll process?

Payroll 98
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The New #FLSA Overtime Changes: Make Sure Company Policies Are Aligned

HR Bartender

Department of Labor with changes to the overtime provision of the Fair Labor Standards Act (FLSA). In case you missed it, here’s a short summary of the ruling : The Department of Labor has set the new standard salary level at $913 per week or $47,476 annually. Exploring the Overtime Policy Piece.

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A Guide to Payroll Management: Ensuring Smooth Financial Operations

Qandle

This involves maintaining detailed records of each employee’s working hours, overtime, leave, and any other relevant information. This not only facilitates precise salary calculations but also serves as a valuable resource for audits and financial planning. The Integration of Technology can be challenging for some businesses.

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A Complete Guide on Mastering Payroll Processing

Qandle

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. What are the steps in the payroll process?

Payroll 52