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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?

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Big Changes for Overtime! What Employers Need to Know About the New DOL Rule 

MP Wired For HR

The Fair Labor Standards Act (FLSA) sets minimum wage and overtime requirements for most U.S. The Fair Labor Standards Act (FLSA) sets minimum wage and overtime requirements for most U.S. Under the current FLSA rules, many salaried workers are exempt from overtime pay, even if they work more than 40 hours a week.

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What Does it Mean to be Self-Employed?

Zenefits

They put in about 1 million hours a week and contribute $1 trillion to the U.S. they can be as diverse as a physician in private practice or an artist who sells paintings online. 75% are the sole or major wage-earner in their household. Who would give up a steady paycheck to go out on their own chasing gig after gig?

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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. As a result, charter and independent schools must evaluate their pay strategies to meet industry standards, preserve fair compensation among staff members, and maintain compliance with the ruling. Under this rule, eligible employees authorized to work in the U.S.

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2023 Recapped: Our Top 5 HR Blogs for SMBs

Extensis

But this dialogue can’t be forced; our most-read blog of the year focuses on five ways to encourage open communication at work, including: Being honest, respectful, and invested in employees’ goals Checking in regularly Asking for anonymous suggestions Responding to feedback Measuring the success of your open communication plan Learn more > 2.

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Stay Compliant With DOL Changes to Employee Overtime Rules in 2024

LaborSoft

The Fair Labor Standards Act (FLSA) is a federal statute that governs minimum wage, overtime pay, and other matters. States may set a higher minimum wage within their borders, for example, but they cannot set it lower than the FLSA’s level. Certain employees are exempt from the FLSA’s minimum wage and overtime provisions.

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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. Workers paid less than this threshold or who do not meet the necessary exemption tests must be paid 1.5 times their regular pay rate for every hour worked after 40 hours in a workweek.