ConnectPay Payroll Services is monitoring the changes to overtime laws coming into effect on December 1, 2016, to see how it may affect our clients. Below is some of our findings. The overtime rule Overtime pay at a rate not less than one and one-half times the regular rate of pay is required after 40 hours of work… Read More
Connecting The Dots–New Exempt Rules
Notice to Employers… The Department of Labor (DOL) has issued a new law regarding overtime pay. The new rule qualifies workers for overtime exemption, and raises the salary threshold from $455/week (the equivalent of $23,600/year) to $913/week ($47,476/year). Over 4 million workers will be affected. For an employee to be considered overtime exempt, they must… Read More