On June 30, 2015, the United States Department of Labor (DOL) released proposed regulations that would modify certain provisions of the Fair Labor Standards Act (FLSA). Specifically, the proposed regulations increase the minimum salary required to be earned by an employee in order for that employee to be exempt from the FLSA overtime requirements.
To read more, view our document outlining the changes here.
U.S. Wage and Hour Division
View the Fact Sheet here.
United States Department of Labor Q&A and FAQ
View the full list here.
Payroll Solutions is not your human resources department or legal representative in the topics of your employment practices and how they follow the Department of Labor’s FLSA rules and regulations. The above information serves only to prompt your organization to review, and if necessary, seek legal counsel on the employee classification of your employee population. Above are the changes to the exempt salaried changes that go into effect December 1, 2016.
Payroll Solutions would be happy to direct you to a team of professional HR Consultants and/or employment law professionals for more clarification on how this may affect your organization
Payroll Solutions does offer timekeeping services to assist in the tracking of hourly employees. If you would like further information on this service please contact your Payroll Specialist or visit our website at solutionsforpayroll.com