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Posts Tagged ‘overtime rules’

Overtime Changes – What’s it Mean for Employers?

In early March, the Department of Labor (DOL) Wage & Hour Division issued some proposed changes to the overtime rules. These rules have been relied upon by the payroll industry for several years to determine who can be a salary, exempt employee and who should be paid overtime wages. Back in 2016, the Obama administration […]

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Overtime Regulations – Will We Be Seeing Changes Soon?

We all likely remember the changes that were to apply to the income limits for identifying salary-exempt employees and the impact these were going to have on wages paid to some salaried employees. These changes were finalized by the Obama administration back in 2016 and would have raised the minimum salary for exemption from $23,600 […]

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Need Better Control of Overtime and Leave Management?

Managing employee overtime or leave is challenging with outdated or manual systems. In many cases, business leaders are tallying up overtime hours after they’ve been noted on a timesheet. Playing catch up puts you behind, instead of in front of, overtime spending. Tracking leave isn’t much easier, especially when offering multiple forms of leave in […]

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Technology Isn’t Replacing People, It’s Optimizing Them

Are your employees afraid they’ll be replaced by technology? Are you sure? A global survey found that 47% of financial services employees believe technology puts their job at risk. As an employer, it’s your responsibility to help them understand their place in a technology-powered future. Despite fears perpetuated by dystopian novels and sci-fi films, technology […]

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Businesses Need to Focus on Overtime Rule Legislation

Human resources departments have been spending time getting ready for Affordable Care Act (ACA) compliance and must now also turn their attention to another important pending legislation – overtime rules. The US Department of Labor (DOL) released new rules last year that would impact provisions of the Fair Labor Standards Act (FLSA) and extend eligibility […]

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New Overtime Rules – How to Safeguard Your Budget

Overtime pay. Employees love it, but it can wreak havoc with your budget. The Department of Labor (DOL), using the Fair Labor Standards Act (FLSA), has been deliberating about whether to extend the eligibility for overtime pay to more employees. The standard rate for overtime has traditionally been time-and-a-half for full-time employees who are eligible. […]

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