Archive for September 2016
House passes bill to delay the overtime law.
The House of Representative passed a bill on September 28th that would postpone the implementation of the new overtime law for six months. Republicans argue that to delay the overtime law gives businesses time to prepare. It will also give the Federal government time to get better information on the effects of the new rules.…
Read MoreFederal Overtime Law may be disappointing for workers and stressful for business. Part 3: Track Employees
Employers first step in preparing for the new overtime rule is to examine all exempt employees that fall under the new $47,476 and decide if they are going to raise salary levels or pay the employee’s overtime hours. Managers should look job duties as well as job titles. Decisions about positions should be made across…
Read MoreFederal Overtime Law may be disappointing for workers and stressful for business. Part 2 Raise let down
Timekeeping and Tracking Every Minute Continued from Part 1 Many employers have chosen to provide the exempt status to employees so that the burden of timekeeping would be lifted. Not only are accurate timekeeping records important, but it is the business that is responsible for maintaining and providing those records. Non-exempt employees get more flexibility…
Read MoreFederal Overtime Law disappointing for workers and stressful for business. Part 1
The new Federal Overtime rules, which President Obama signed goes into effect December 1, may not provide as much of a pay increase as many workers have been led to believe. The Department of Labor increased the salary threshold for white collar workers and has promoted the new rule as a wage increase to American workers.…
Read MoreFair Labor Standards Act (FLSA)
History and Purpose of the FLSA In today’s blog post, we will answer a question we’ve been asked since the new overtime laws updated. What is the Fair Labor Standards Act (FLSA) and why do we have it? Although nearly everyone alive was born after the FLSA was signed into effect, businesses are again taking…
Read MoreNew Federal Overtime Laws affect US Territories differently than the continental USA.
Overtime Rule Affects US Territories While many businesses and small government agencies are concerned about the increased cost and wage expense that is anticipated from the new overtime rules, the US territories have been in a complete panic over the proposed changes. When the Department of Labor (DOL) proposed changes to the Fair Labor Standards…
Read MoreNew Overtime Laws may mean lower starting salaries for college graduates.
What it means for College Grads: starting salaries When the Department of Labor (DOL) increased the exempt salary threshold to $47,476 beginning December 1, 2016, it meant a likely decrease in starting salaries for the graduating classes of 2017. The new Federal Overtime laws mean that many of the starting positions and salaries of college…
Read MoreOvertime Laws concern: Food Marketing Institute & National Grocers Association
New Federal Overtime Laws concerns Grocery stores are only one of many industries impacted by the new Federal Overtime laws, but that may mean a subtle increase in food costs over the next year. The Food Marketing Institute (FMI) and National Grocers Association (NGA) expressed concern over the new overtime rules that the Department of…
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