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As you know, on July 6, 2015, the U.S. Department of Labor (DOL) published its proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). Here’s what #HR needs to know about the proposed 2015overtime rule changes Click To Tweet. Someone once erroneously said patience is a virtue.
It’s hard to believe that the Society for HumanResource Management (SHRM) Annual Conference was almost a month ago. Proposed 2015 DOL Overtime Rule Change: What #HR Needs to Know. Proposed 2015 DOL Overtime Rule Changes: Primary Duty Test. What’s in Store for the Job Market for the Second Half of 2015?
Right now, the Patient Protection and Affordable Care Act (PPACA) —also known as health care reform—is probably your number one concern when it comes to complying with new government regulations in 2015. Under this act, most workers must receive overtime pay of at least 1.5 It should be. But this is very risky.
Department of Labor (DOL) proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). The DOL is accepting comments about these changes only until Saturday, September 5, 2015. He shared with me how humanresources professionals can get involved: Think about the impact of the new changes.
Most hourly (non-exempt) employees who work more than 40 hours in any week must be paid overtime. Overtime pay is at least 1.5 × the regular rate of pay for each hour over 40 hours. In 2015, the language was updated to read unpaid parental leave. The Society of HumanResource Managers (SHRM) website.
The role of HumanResources (HR) is becoming more complex and multifaceted. Overtime regulations Labor laws have become stringent around overtime payments. It's critical for HR professionals to know the most recent changes in overtime regulations and apply them appropriately.
SHRM (Society for HumanResource Management) estimates replacement costs at 6-9 months of an employee's salary For a $60,000 annual salary, replacement costs could range from $30,000 to $45,000 The Hidden Costs of Lost Productivity, Training, and Onboarding The costs of employee disengagement are much higher than we often realize.
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