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

Trusaic

Department of Labor (DOL) announced a final rule that establishes the new salary threshold for overtime consideration at $43,888 under the Fair Labor Standards Act (FLSA). Quick Action Items for Employers The DOL’s new rule should not have caught employers off guard, as the proposal was rolled out in 2023. Calculate as needed.

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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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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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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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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.