Obama salaried employee overtime law

    • [DOC File]Obama Administration Labor and Employment Regulatory ...

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_9c61bd.html

      On July 6, 2015, the Wage and Hour Division issued the proposed rule. The proposed regulation sets the minimum salary required for exemption at the 40th percentile of weekly earnings for full-time salaried workers, which means the new salary threshold will be $50,440/year or $970/week, up from $23,660/year or $540/week.

    • [DOCX File]M E M O R A N D U M - Chamberlain Hrdlicka

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_012293.html

      Overtime compensation for all hours worked over 40 in a workweek must be at least 1.5 times the employee’s regular rate of pay. Id. at § 207(a)(1). In order to incur liability under the FLSA for minimum-wage and overtime violations, an employer-employee relationship must first exist. Id. at § 216(b).

    • [DOC File]Synergy Solutions Group of Virginia

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_62712d.html

      To qualify for the white-collar exemption, an employee must satisfy a variety of tests, including a duties test, a salary basis test and a salary level test. Currently, under the salary level test, only white-collar workers making less than $23,660 a year are automatically eligible for overtime pay.

    • [DOC File]Dana Point - HELP

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_ef6d3f.html

      The reason for this is that the overtime eligibility guidelines were greatly “relaxed” as the result of the Bush administration’s “improvements.” The goal is to define the average American working person as an hourly employee -- not salaried -- eligible for overtime. “Overtime is a pretty simple idea,” Obama said.

    • [DOC File]Sample Letter Employers Can Give to Employees

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_971454.html

      Title: Sample Letter Employers Can Give to Employees Author: 499420 Last modified by: 255287 Created Date: 4/27/2005 2:23:00 PM Company: Social Security Administration

    • [DOCX File]University of Montana

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_f52645.html

      The Fair Labor Standards Act (FLSA) is the federal law that determines whether an employee is eligible for overtime or exempt from overtime (salaried). President Obama signed a directive that asked the Secretary of the U.S. Department of Labor (DOL) to review and update the FLSA with regard to the minimum salary required for employees to meet ...

    • [DOCX File]Human Resource Association of Southern New Jersey

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_1da7ee.html

      Proposed FLSA Overtime Exemption Rule Changes. On Monday, July 6, 2015, in response to a March 2014 executive order signed by President Obama, the Department of Labor (“Department”) published a Notice of Proposed Rulemaking (“NPRM”) that will more than double the minimum salary necessary for a worker to be classified as “exempt” from the Fair Labor Standards Act (“FLSA ...

    • [DOCX File]DEPARTMENT OF COMMERCE

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_b8656a.html

      The Federal Unemployment Tax Act (FUTA) imposes a Federal tax on covered employers. Effective July 1, 2011, the FUTA tax is 6 percent of the first $7,000 of covered employee wages. The law, however, provides a credit against Federal tax liability of up to 5.4 percent to employers who pay State UI taxes timely under an approved State UI program.

    • [DOCX File]Special Interest Articles:DOL Final Rule Fact SheetDOL ...

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_7060d8.html

      In 2014, President Obama directed the Department of Labor to update and modernize the regulations governing the exemption of executive, administrative, and professional (“EAP”) employees from the minimum wage and overtime pay protections of the Fair Labor Standards Act (“FLSA” or “Act”).

    • [DOC File]Welcome to the Flathead Valley Chapter | Flathead Valley SHRM

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_c36a55.html

      Paying "Straight Time" Rates: The FLSA sets overtime pay at one and one-half times the employee’s regular rate, not the employee’s contractual (straight) rate of pay. Therefore, if an employee makes $8.00 per hour, he or she should get paid $12 per hour for hours worked over 40 in a workweek.

    • [DOC File]HUMAN RESOURCES & EMPLOYMENT LAW

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_688680.html

      The panel held that under Bell Atlantic Corp. v. Twombly, 550 U.S. 544 (2007), and Ashcroft v. Iqbal, 556 U.S. 662 (2009), it is not enough for a complaint under the FLSA merely to allege that the employer failed to pay the employee minimum wages or overtime wages.

    • [DOCX File]Obama Administration Labor and Employment Regulatory ...

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_89bce4.html

      Completed Rulemakings. Updating and Modernizing Overtime Regulations . On May 23, 2016, the Department of Labor published the final regulations. The final regulations set the salary threshold at $47,476; increase the highly compensated salary level to $134,000; “automatically update the salary level every three years based on the 40th percentile of earnings for full-time salaried workers in ...

    • [DOCX File]www.mobileagency.com

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_d3d4b3.html

      Make sure your “salaried/exempt” employees meet the definition for such. If not, a disgruntled employee may be able to successfully collect back overtime pay. All full-time employees making less than $23,660/year* are non-exempt hourly. Do not deduct pay from exempt employees for missing part of a work day or for substandard performance.

    • [DOCX File]CHAPTER 2

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_475abe.html

      1.PPACA was signed into law by President Barack Obama on March 23, 2010 2.The act was amended by the passage of the Health Care and Education Reconciliation Act of 2010 3.These laws provide the basis for health care reform in the United States

    • [DOCX File]Dearborn Public Schools

      https://info.5y1.org/obama-salaried-employee-overtime-law_1_f6b390.html

      This means that nearly all employees making less than that number — with the exception of positions such as managers, teachers, farmers, business owners and administrators — will have to be paid on an hourly basis in order to receive potential overtime pay. In 2014, President Obama signed a presidential memorandum directing the U.S ...

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