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New Minimum Wages Are Coming to Florida

Zenefits

The constitutional amendment to gradually raise Florida’s official minimum wage from $8.56 per hour to $15 per hour by September 2026 has won the vote. The first minimum wage hike to be approved in almost 15 years (from $5.15 an hour to $6.15 an hour to $6.15 Amendment 2: explained. to $15 (and up to $11.98

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DOL Updates FLSA OT Rule: What It Means for Your Pay Equity Efforts

Trusaic

The current salary threshold for overtime is $35,568, which means employers will need to move swiftly in updating compensation plans. The current salary threshold for overtime is $35,568, which means employers will need to move swiftly in updating compensation plans. Adjust systems and procedures as needed. Calculate as needed.

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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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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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2023 Recapped: Our Top 5 HR Blogs for SMBs

Extensis

This year, several HR topics came into focus time and time again, including how to drive employee engagement , the need for next-level employee benefits plans, and diversity, equity, and inclusion (DEI) best practices. If possible, offering work hours accommodating employees’ fasting, prayers, and charity event schedules.

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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.