New Federal Overtime Rules Impact On Your Business or Non|Profit ...

New Federal Overtime Rules Impact On Your Business or Non-Profit ...

Increased Operational Costs: The higher threshold means that more employees, especially those in administrative or professional roles, will be ...

Breaking down your nonprofit's obligation to pay overtime

Nonprofits must understand and comply with all federal Fair Labor Standards Act regulations (as well as state wage and hour laws) governing overtime ...

The New Federal Overtime Requirements: What Nonprofits Need to ...

On July 1, 2024 a new federal overtime rule goes into effect, changing overtime pay requirements for employers, including nonprofit organizations.

Client Alert: Nonprofit Employers - Take Note of New FLSA Overtime ...

Under regulations issued earlier this year, the salary threshold amount is set to increase effective July 1, 2024, to $844 per week, or $43,888 ...

What does the new DOL overtime eligibility rule mean for nonprofits?

In the spring of 2024, the DOL finalized a rule that makes more workers eligible for overtime pay under the Fair Labor Standards Act (FLSA). The ...

What Small Business Owners Need to Know about Federal Overtime ...

The Fair Labor Standards Act (FLSA) is revising its overtime regulations, effective July 1, 2024. These compensation changes could impact ...

What the New Overtime Rule Means for Workers - DOL Blog

A cornerstone of that promise is the Fair Labor Standards Act's (FLSA) requirement that when most workers work more than 40 hours in a week, ...

How Will the New Overtime Rule Impact Your Business This Comp ...

Under the Fair Labor Standards Act (FLSA), employees generally must be paid an overtime premium of 1.5 times their regular rate of pay for all ...

What Your Nonprofit Needs to Know About the (Latest) New Final ...

DOL also estimates that nonprofits are more likely than for-profit businesses to feel the impact of the overtime rule, with about 18.9% of nonprofit employees ...

New Overtime Rules To Affect Millions of Employees, Their Employers

The Department of Labor issued a final rule to change the minimum salary threshold and highly compensated employee threshold under the Fair ...

Evaluating the U.S. Department of Labor's Overtime Final Rule

The final rule, which became effective on July 1, 2024, increases the minimum salary level that white-collar employees must be paid to exempt them from ...

U.S. DOL Final Overtime Rule & Salary Thresholds | Paychex

Business groups joined in a lawsuit filed May 22 in federal court to block the new Final Overtime Rule from taking effect. The lawsuit states that the rule ...

More on the Proposed Overtime Regulations - For Purpose Law Group

As soon as early 2024, there could be a seismic shift in federally mandated worker compensation. See New Overtime Rules May Affect Nonprofits (October 2, ...

New Federal Overtime Rule is Here! 10 Steps Employers Can Take ...

Millions of additional workers will soon be eligible for overtime pay thanks to the Labor Department's new salary threshold for certain ...

New Overtime Exemption Rule: Answers to Your FAQs - ADP

A: If a non-exempt employee works more than 40 hours in any workweek, they are entitled to overtime pay under the FLSA. Employers are prohibited ...

Final Rule: Restoring and Extending Overtime Protections

Employees are exempt from the Fair Labor Standards Act's minimum wage and overtime protections if they are employed in a bona fide executive, ...

New Overtime Rule: Nonprofits May Need to Boost Pay for Nearly ...

New federal rules going into effect July 1 will raise the amount of money an employee must earn to be exempt from being paid overtime.

Explaining the Department of Labor's new overtime rule that will ...

The extra 20-30 hours are completely free to the employer, allowing employers to exploit workers with no consequences. The Department of Labor's ...

Labor Department Unveils Final Overtime Rule That Likely Impacts ...

The new rule from the DOL significantly increases the salary threshold for employees, thereby making it so many more employees in the United States will be ...

Employers Should Prepare For Significant Changes To Federal ...

For employees impacted by this final rule, employers may consider re-classifying the positions as non-exempt, which would make those employees eligible for ...