Tag: Exempt Employees

New York

New York Adopts Higher Salary Thresholds for Exempt Employees

by Charles H. Kaplan, Sills Cummis & Gross P.C. Employers in New York must increase the salaries of exempt executive and administrative employees by December 31 to meet the requirements of recently adopted regulations. Employers also must decide whether to increase exempt employees’ salaries each year to match annual increases required by the new regulations.

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Ask the Expert: Can We Use ‘Comp Time’ once Overtime Regs Take Effect?

Question: I understand with the new FLSA regulations that “An employer may require an exempt employee to work more than 40 hours in a workweek without having to pay a premium for overtime hours.” Most of our employees are exempt, but currently we give them the option to be paid straight time for hours worked […]

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joint employer

Ask the Expert: Can Exemption Salary Threshold Be Met Between Two Employers?

We have an employee who works for two different companies with separate EINs (Employee Identification Numbers) but under common management–i.e. the same parent company–for insurance purposes. Can a combination of both salaries the employee earns be used to meet the exemption salary threshold requirements under the new overtime rule?  The employee earns $30k at each […]

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Ask the Expert: New FLSA Overtime Regs and Car Sales Employees

I am wondering how we will change our car sales employees under the new FLSA overtime regs. They currently receive a draw of $18,000 + commissions and they’re exempt. Does this mean our only option is to make them nonexempt and start having them clock in? We cannot provide a base draw of the new […]

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Q&A: How Can We Safely Conduct an FLSA Compliance Audit?

By Holly Jones, JD, BLR Senior Legal Editor Question: In preparation for the new regulations coming on December 1, we’d like to conduct a comprehensive Fair Labor Standards Act (FLSA) audit of all of our positions. We expect that some positions will be reclassified based on salary threshold, but we may also have some positions […]

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New overtime regulations require $47,476 salary for exemption

By Susan Prince, JD, M.S.L., Legal Editor The federal Department of Labor (DOL) is releasing the final changes to the overtime regulations. The most prominent change is the increase in the salary level required for exemption from overtime to an annual salary of $47,476. This translates to a weekly salary of $913.

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Employers need to be ready for new overtime rule by December 1

The flurry of speculation is finally over. The White House and the U.S. Department of Labor (DOL) have released the new final rule governing which workers must be paid overtime. The changes aren’t quite as drastic as what employers were preparing for based on the contents of the proposed rule made public last summer, but […]

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As new overtime rule nears, questions surface about salary threshold

by Tammy Binford As time winds down for the U.S. Department of Labor (DOL) to release its final rule changing who is eligible to collect overtime pay, reports are surfacing that the salary threshold may be somewhat lower than the figure originally proposed but still considerably higher than the level in the current rule.  The […]

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