HRPivot, Inc’s Post

Remember, the FLSA is unyielding when it comes to overtime pay rules. Regardless of whether your employee consents to forgo overtime pay, you, as a business owner, are obligated by law to pay it when due. Avoid these pitfalls! #workovertime #workingovertime #overtimehours #FLSA #PayrollCompliance #SmallBusiness #SmallBusinessPayroll #PayrollServices #PayrollOutsourcing

Overtime calculations can be puzzling, especially when employees receive multiple rates during a workweek. ✅ To ensure compliance, overtime hours should be paid at 1.5 times an employee's Regular Rate of Pay. Learn how to calculate RROP and use it to properly calculate overtime in our recent blog post! https://hubs.la/Q01ZXnxR0 #OvertimeCalculations #PayrollProcessing #PayrollMistakes #WorkforceManagement #HRSoftware #PayrollSolutions #GreenshadesPayroll #HRManagement #StayCompliant #BusinessProductivity #PayrollAutomation #PayrollTips #EmployeeCompensation

Remember, the FLSA is unyielding when it comes to overtime pay rules. Regardless of whether your employee consents to forgo overtime pay, you, as a business owner, are obligated by law to pay it when due. Avoid these pitfalls! #workovertime #workingovertime #overtimehours #FLSA #PayrollCompliance #SmallBusiness #SmallBusinessPayroll #PayrollServices #PayrollOutsourcing

Read more here: https://lnkd.in/dRBzSn6Y 💲 The recent FSLA overhaul is coming in hot with some changes on what would exempt employees from obtaining overtime pay rates when working beyond 40-50 hours. What do you think about the new overtime thresholds? Drop your questions or insights below!

🔍💼Curious about the key change in overtime pay eligibility? 🤔Q: What's the primary tweak in the new rule? 💡A: Brace yourselves! The salary threshold for exempt employees gets a major boost, opening the door for more workers to qualify for overtime pay. Ready to explore more? Follow us! 🔒🌟 #ADLI #NewExemptionRule #OvertimePay #FairPay #LaborLaw #WorkplaceRights #EmployeeRights #OvertimeLaws #LegalAdvice #Compliance #EmploymentLaw #FairLaborStandardsAct #FLSA #HR  

An employee receiving time off in lieu of overtime pay is “banking overtime.” Sounds straightforward… but the legislation around how to bank overtime – and if it’s even permissible – differs across the country. We’ve covered the standards across all provinces and territories on our blog: https://bit.ly/3TcYXyq. #TerminologyTuesday #Payroll #PayrollProcessing #PayrollManagement #PayrollAccounting #Overtime #BankedOvertime #OT #SmallBusinessPayroll #PayrollCompliance #PayrollProfessionals

On July 1, 2024, the salary threshold for overtime eligibility rose to $43,888. The threshold will increase again on January 1, 2025, to $58,656. If you are a salaried employee and are unsure if you qualify for overtime wages under the new rule, speak with an attorney at Barrett & Farahany today. https://ow.ly/6lwg50Sz5G2 #BarrettFarahany #Overtime #OvertimeWages #SalariedEmployees #OvertimeEligibility #SalaryThreshold #EmployeeRights #EmploymentLaw #Law

Reclassifying employees as non-exempt can have significant implications. Non-exempt employees are entitled to overtime pay at a rate of one and a half times their regular hourly rate for hours worked beyond 40 in a week—except in states like California, where overtime rules differ. Learn more about the upcoming DOL overtime rule changes and correctly classifying employees in this post from Jess Camp, PHR, SHRM-CP. >> https://hubs.ly/Q02xN4kd0 #overtime #wages #overtimepay #exemptemployee #DOL

💼 New overtime eligibility rules from the U.S. Department of Labor! 💼 These updates to the Fair Labor Standards Act (FLSA) will extend overtime pay to more employees. Is your business ready to adapt? Understanding these changes is crucial for managing your payroll effectively and staying compliant. 🙌🏼 #escalonservices #departmentoflabor #overtimepay #payroll

I’d love to introduce you to CBIZ! Payroll, Time Keeping and HRIS systems to fit every size client! Here is an update to the FLSA Overtime Rule