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.

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 […]

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 […]

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.

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 […]