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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.
percent of the employee’s household income for the year for purposes of both the pay or play rules and premium tax credit eligibility. DOL Proposes FLSA Overtime Rule with Higher Salary Levels for White-Collar Employees On Aug. Some highly compensated employees may also qualify for the FLSA white-collar overtime exemption.
Find out how you can use people analytics to predict, manage and measure the impact of HR operations by downloading our new whitepaper. Every year, new business regulations pop up, such as privacy requirements for employee data and overtime related norms. The sky is literally the limit for this kind of HR analytics.
From the Department of Labor (DOL) Wage and Hour Division : The FLSA establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. Learn the best practices for documenting FLSA classification in this free whitepaper.
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