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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). They’re also having internal discussions about how to manage overtime pay and payroll expenses. Exploring the Overtime Policy Piece. Auditing your policies surrounding the issue at hand – overtime – could be a good start.

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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

It also clarifies the Fair Labor Standards Act (FLSA) regulations for paying overtime. Overtime Use this section to clarify your company’s position on overtime pay for employees who qualify. The federal overtime provisions are contained in the Fair Labor Standards Act (FLSA). Get all the information in this guide.

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How to set up a payroll process: 10 steps

Insperity

Understanding the difference means knowing how to report income, withhold and pay taxes, and handle overtime for each group. These are salaried employees who are not eligible for overtime compensation. This includes hourly employees who qualify for overtime compensation. Executive, administrative and professional exemption.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

Overtime pay 3. Health insurance Those benefits provide a baseline of employee expectations. Health insurance 2. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. The mandatory benefits form the foundation of all employee benefit packages.

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Top 5 reasons to check your payslip

cipHR

However, if they have any other form of income, get benefits-in-kind from their employer (health insurance, life insurance or a company vehicle etc) or claim tax relief for any other reason, it will affect this tax code. This means people can earn £12,500 tax-free, and only start paying tax on income over that amount.

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What is a PEO?

Insperity

This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance. A PEO does NOT. Control your business.

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What is a statutory employee? Understanding the impact of worker classification

Higginbotham

Requirements for Employees Businesses must comply with FLSA wage and hour laws, including minimum wage and overtime requirements, as well as state requirements for employers. Businesses typically provide employee benefits to these workers – some of which may be required by state law, such as and unemployment insurance.