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.
An additional 3.6 million workers who are currently exempt from the overtime requirements of the Fair Labor Standards Act (FLSA) will become eligible for overtime unless their employers raise their salaries, the US Department of Labor (DOL) estimates.
The US Department of Labor (DOL) has submitted a draft overtime rule to the White House for a final review - meaning a proposed rule may be out within the next 100 days.
As the 11th Circuit Court of Appeals' ruling in Thompson v. Regions Security Services illustrates, employers may not evade federal overtime requirements by decreasing employees' regular rate of pay as the length of their workweek increases.
Maryland employers that participate in a first-of-its-kind pilot program could receive a significant tax credit if they allow employees to reduce their work to four days per week without any reduction in pay.
HR guidance on complying with federal and state employee overtime laws. Support on following rules and regulations regarding this employment law topic.