Exempt salary requirements 2020
[PDF File]FLSA Checklist: Exempt vs. nonexempt status
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FLSA Checklist: Exempt vs. nonexempt status It’s up to employers to determine whether to classify an employee as exempt or nonexempt under the Fair Labor Standards Act (FLSA). The key consideration: Exempt workers aren’t eligible for overtime pay. Rather, they’re paid for the job they do, not the hours they keep. To comply with the FLSA, employers need to regularly review their employee ...
[PDF File]Colorado Overtime & Minimum Pay Standards Order (COMPS ...
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Colorado Overtime & Minimum Pay Standards Order (COMPS Order) #36, 7 CCR 1103-1 (2020) Page 2/11 1.7.2 Regular rate for employees paid a weekly salary or other non-hourly basis. (A) A weekly salary or other non-hourly pay may be paid as straight time pay for all work hours, and the regular rate each workweek will be the total paid divided by
[PDF File]Administrative Employee Overtime Exemption Frequently ...
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Administrative Employee Overtime Exemption Frequently Asked Questions (FAQ) Both federal law (Fair Labor Standards Act or FLSA) and state law (New York Minimum Wage Act and applicable regulations) generally require the payment of overtime wages for work performed after 40 hours per week. The FLSA and the State Minimum Wage Act exempt employees who work in a bona fide administrative capacity ...
[PDF File]OVERTIME EXEMPTIONS DUTIES WORKSHEET AS OF 1/1/2020
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SALARY REQUIREMENTS: Typically, only salaried employees are eligible for executive, administrative, and professional exemptions. As of January 1, 2020, the salary threshold requirement is $684 per week minimum. Computer professionals must earn either $684 weekly OR an hourly rate of at least $27.63 to be eligible for an FLSA exemption. Employees who qualify for the outside salesperson ...
[PDF File]REPORTING EXEMPT SALARIES UNDER ACT #135-2014
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REPORTING EXEMPT SALARIES UNDER ACT #135-2014 Year 2015 Issue #3 T he Department of the Treasury issued Informative Bulletin 15-03 to provide information regarding rules for the implementation of the $40,000 exemption for taxpayers between the ages of 16 to 26 established by Act 135-2014. Any salaried employee resident of Puerto Rico between the ages of 16 to 26 can beneļ¬t from the …
[PDF File]FLSA Exemption Questionnaire - NC Conference
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Society for Human Resource Management – shrm.org – 2020 Salary Update – Page 1 FLSA Exemption Questionnaire Note to employers: This questionnaire serves as a basic outline for an employer’s initial analysis of positions being considered for exemption under the FLSA and is meant to serve as one of several tools in such an analysis. Job titles are insufficient to determine exempt status ...
[PDF File]Fact Sheet #17G: Salary Basis Requirement and the Part 541 ...
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Salary Basis Requirement. To qualify for exemption, employees generally must be paid at not less than $684 * per week on a salary basis. These salary requirements do not apply to outside sales employees, teachers, and employees practicing law or medicine. Exempt comput er …
[PDF File]U.S. Department of Labor Wage and Hour Division
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*Note: The Department of Labor revised the regulations located at 29 C.F.R. part 541 with a n effective date of January 1, 2020. WHD will continue to enforce the 2004 part 541 regulations through De cembe r 31, 2019, including the $455 per week standard salary level and $100,000 annua l compensation level for Highly Compensated Employees. The ...
[PDF File]The Impact of the FLSA Overtime Rule on Higher Education
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January 1, 2020, and sets the salary threshold for the white-collar exemption at $684 per week, or $35,568 per year. 2 This report details the history of the salary threshold, changes higher ed
[PDF File]Fair Labor Standards Act
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*Department of Labor has proposed to increase this threshold to $35,308 annually ($679/week) in January 2020. Exempt Employees. 6. 7. Salary Requirements for Exempt Employees. For any work* that is performed in any given week an exempt employee must receive their full salary with the following exceptions: • Hourly paid computer professional employees who make at least $27.63 per hour ...
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