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Proposed 2015 DOL Overtime Rule Change: What #HR Needs to Know

HR Bartender

The overtime rule changes are significant and fall into two categories: salary basis and primary duties test. Today we’re going to cover the salary basis part of the proposal. What are the changes being proposed to the minimum salary? Jonathan] Currently, the minimum salary is $455 per week for most white collar positions.

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The 2016 #FLSA Overtime Changes: What #HR Needs to Know

HR Bartender

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. In the final rule, the DOL made the weekly minimum salary ‘only’ $913. There is one bit of good news for employers.

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Employment and Labor Law in Armenia

Global People Strategist

The Labor Code of the Republic of Armenia was adopted in 2004 and defines the current labor legislative framework in the country. The employer and employee each reserve the right to end the contract with a three-day written notice. By law, all employers need to maintain a precise record of overtime in working time logs.

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Tanzania Employment During COVID

Global People Strategist

Like other countries around the globe, Tanzania’s employment and labor laws were not COVID-19 friendly and had to be adjusted in response to the global pandemic. In April 2020, the Association of Tanzanian Employers (ATE) came out with some measures that could be taken by employers in view of the virus.

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Employment Laws in Nigeria

Global People Strategist

However, any organization looking to take advantage must be prepared – creating and adhering to employment contracts that abide by employment laws in Nigeria is crucial for successful expansion into this highly desirable hub. Employment Laws Dictating the Nigeria Labor Landscape. 7. The Nigerian Factories Act, 2004.

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How to Prepare for the New White Collar Overtime Requirements

Insperity

If not, the employer must prove that they are exempt. Since 2004 (the last time the DOL updated the regulations), companies have had to pay white collar employees overtime if they made under $455 per week or $23,660 a year. 1 2016, the minimum salary increases to $913 per week or $47,476 annually. Effective Dec.

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Best Finance Companies in UAE

Bayzat

Salaried individuals can avail of personal loans at a flat interest rate of 9.01%. The minimum salary required for loan approval is AED 5,000. It began its services in 2004, providing investment, consumer, and commercial financing. Deem Finance Deem Finance specializes in providing personal loans and credit cards to individuals.

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