Overtime
More than 140 federal, state, and local employment law requirements take effect on or around January 1, 2024, covering topics such as minimum wage, employee leaves, fair pay, payroll and more. Now is the time to review these developments and ensure your organization is ready to comply.
XpertHR rounds up key resources and tracks recent updates to help employers prepare to comply with the proposed overtime rule from the US Department of Labor.
A proposed rule from the US Department of Labor would raise the minimum salary for most employees exempt from the overtime requirements of the Fair Labor Standards Act (FLSA) from $684 per week to a level potentially as high as $1,158 per week. This tool can help an employer estimate the costs of different options for compensating employees who are currently classified as exempt but are paid a salary of less than $1,158 per week.
New federal, state and local employment laws will take effect on January 1, 2023, covering topics such as minimum wage, pay equity, employee leaves, payroll and more. Employers should review these developments and make any needed updates their policies and procedures.
Editor's Choice: HR guidance on complying with federal and state employee overtime laws. Support on following rules and regulations regarding this employment law topic.
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