The FLSA (Fair Labor Standards Similarly, where an agreement provides for 6 hours pay at $13.00 an hour regardless of the time actually spent for work on a job performed during overtime hours, the entire $78.00 must be included in determining the employees' regular rate. The employee is then due additional overtime computed by multiplying the 5 overtime hours by one-half the regular rate of pay ($4.50 x 5 = $22.50). The newly published FLSA regulations that become effective January 1, 2020, make the following changes: The weekly salary threshold level is raised from $455 per week ($23,660 per year) to $684 per week ($35,568 per year); The total compensation needed to exempt highly compensated employees is increased from $100,000 annually [Looking for an updated, easy solution to timekeeping? .h1 {font-family:'Merriweather';font-weight:700;} hbspt.cta._relativeUrls=true;hbspt.cta.load(4903907, '5b96a709-783d-417d-92aa-0f35715d71eb', {"useNewLoader":"true","region":"na1"}); Federal labor laws are always subject to change? With double-lined 2.1mm solid fibreboard construction, you can count on the superior quality and lifespan of all our DURABOX products. An employee who works for less than 24 hours in a shift, and is allowed to sleep or engage in other personal activities when not busy during that shift, shall be compensated for all hours of their shift, whether they sleep/engage in said activities or not. WebThe current federal minimum wage is $7.25 hour. For the outside sales employee exemption, there is no minimum salary requirement. For example, an employee may be hired to work a 45 hour workweek for a weekly salary of $405. -1) { To be considered exempt, their primary duties must include using discretion and independent judgment when it comes to significant matters. Looking for ways to stay up to date on employment laws and small business news? KROSSTECH is proud to partner with DURABOX to bring you an enormous range of storage solutions in more than 150 sizes and combinations to suit all of your storage needs. The 10% Rule $('.container-footer').first().hide(); In addition, section 7(g)(2) of the FLSA allows, under specified conditions, the computation of overtime pay based on one and one-half times the hourly rate in effect when the overtime work is performed. Its done wonders for our storerooms., The sales staff were excellent and the delivery prompt- It was a pleasure doing business with KrossTech., Thank-you for your prompt and efficient service, it was greatly appreciated and will give me confidence in purchasing a product from your company again., TO RECEIVE EXCLUSIVE DEALS AND ANNOUNCEMENTS. review workers' job duties to ensure that they satisfy the applicable exemption's criteria. the exempt salary threshold. [CDATA[/* >