Remove 2025 Remove Payroll Remove Wage and Hour Training
article thumbnail

FLSA Overtime Rule Update

COATS Staffing Software

January 1, 2025: The salary threshold rises again to $58,656 per year. The annual compensation requirement for highly compensated employees will also increase to $151,164 on January 1, 2025. Once the new salary levels take effect, these workers will become eligible for overtime pay if they work more than 40 hours per week.

article thumbnail

Unlock Hidden Profit: Maximize your Staffing Agencies Bottom line with Tax Credits

COATS Staffing Software

As we approach 2025, many businesses prioritize efficiency improvements for each new year. Given the potential for future changes, it’s important to note that these tax credits for staffing agencies are available at least through the end of 2025. However, cost reduction and tax credits are often overlooked as primary objectives.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Next in HR? Top 10 Workplace Trends for 2025

Netchex HR Blog

Here are the top ten HR trends for 2025: 1 – Continuing the HR + AI Revolution With every new year, HR + AI is one of the most talked about HR trends. Here are the top ten HR trends for 2025: 1 – Continuing the HR + AI Revolution With every new year, HR + AI is one of the most talked about HR trends.

article thumbnail

Achieving and Maintaining ACA Compliance: A Comprehensive Guide for Employers 

MP Wired For HR

Achieving and Maintaining ACA Compliance: A Comprehensive Guide for Employers January 8th, 2025 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn The Affordable Care Act (ACA) has set forth complex requirements for employers to ensure that their workers have access to affordable healthcare.

article thumbnail

2024 Mid-Year Legal Updates: Understanding the New Federal Overtime Rule 

MP Wired For HR

This update will drastically impact how businesses classify employees and calculate wages. This update will drastically impact how businesses classify employees and calculate wages. Enacted in 1938, the FLSA aimed to improve working conditions and ensure fair wages for American workers. What Constitutes Hours Worked?

article thumbnail

Understanding Time and a Half: Calculations and Common Challenges

Replicon

It mandates that overtime hours, typically those exceeding 40 hours in a workweek, be compensated at a rate of one and a half times the regular pay rate. It mandates that overtime hours, typically those exceeding 40 hours in a workweek, be compensated at a rate of one and a half times the regular pay rate.

article thumbnail

California to Limit Certain Employer Communications Starting January 1

HRWatchdog

This new legislation, set to take effect on January 1, 2025, places restrictions on employer communications regarding political and religious matters. This new legislation, set to take effect on January 1, 2025, places restrictions on employer communications regarding political and religious matters.