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Charter and Independent Schools Prepare for the Latest Federal Overtime Pay Rule

Extensis

who exceed 40 hours in a workweek may qualify for overtime pay. Keep reading to learn what changes the rule introduces and how charter and independent schools will be affected. New earnings threshold renewal period: Starting July 1, 2027, the earning thresholds will be updated every three years to ensure the fairness of overtime pay.

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What SMBs Should Know About the 2024 Overtime Rule Salary Threshold

Extensis

In this blog, review the latest rule changes and learn how SMBs are adapting their operations to meet these new labor requirements. times their regular pay rate for every hour worked after 40 hours in a workweek. Any wage thresholds will be updated every three years, starting July 1, 2027.

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What SMBs Should Know About the 2024 Overtime Rule Salary Threshold

Extensis

In this blog, review the latest rule changes and learn how SMBs are adapting their operations to meet these new labor requirements. times their regular pay rate for every hour worked after 40 hours in a workweek. Any wage thresholds will be updated every three years, starting July 1, 2027.

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New Overtime Rules 2024: What Employers Need to Know

HR Lineup

Under the Fair Labor Standards Act (FLSA) , non-exempt employees are entitled to overtime pay at one and a half times their regular rate for hours worked beyond 40 in a workweek. First Update: The first automatic adjustment is scheduled for January 1, 2027. First Update: The first automatic adjustment is scheduled for January 1, 2027.

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How SMBs Can Start Closing the Pay Gap Now

Zenefits

No employer expects to pay every employee the same wage. Job type, job title, skills, education, credentials, training, experience, and even geography factor into pay differences. But when employers pay workers with the same or similar qualifications stark differences in wages, they’re likely engaging in discriminatory pay practices.

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Workplace ESG: How Environmental, Social, and Governance Factors Impact Employee Experience

Great Place to Work

The connection between purpose; environmental, social, and governance (ESG) factors ; employee engagement; and business results. It may sound almost too good to believe, but there's a well-established path to enhance employee engagement, elevate financial performance, and contribute positively to our world, all at once.

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UAW Strike 2023: What Happened and What Other Companies Can Learn From It

Terryberry

On October 30, 2023, the United Auto Workers (UAW) called off their 6-week-long strike marking a momentous occasion for workers everywhere. Here, we’ll take a deeper look at what happened with the UAW, how it was resolved, and what it means for employee engagement as a whole going forward. of the US GDP. of the US GDP.