Tag Archives: overtime pay

Assuming none of the efforts to block or delay the overtime rule are successful, business owners will need to have all their ducks in a row in three weeks to make sure their employees are properly classified under the new standards from the Department of Labor. That’s not a lot of time to get organized. There is a lot you ...

On May 18, President Barack Obama and Labor Secretary Tom Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The final rule focuses primarily on updating the salary and compensation levels needed for executive, administrative and professional workers to be exempt. Specifically, the final rule: Sets the standard salary level at the 40th percentile ...

If you have salaried employees who regularly work overtime, a new rule coming will affect your business directly. The Labor Department is moving to release its final rule to change the salary-base threshold amounts for exempting workers from overtime pay. After the final Fair Labor Standards Act coverage rule is published, employers will have 60 days to comply. The Office ...