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 ...

Federal Overtime Rules Small Businesses Need to Know

Any employee who is not considered exempt under the law must be paid overtime at a rate of 1.5 times their regular pay for every hour they work beyond 40 hours ...

Small Entity Compliance Guide | U.S. Department of Labor

Generally, the FLSA applies to employees of enterprises that have an annual gross volume of sales made or business done totaling $500,000 or ...

Small Businesses and the New FLSA Overtime Rule

Unless they meet all of the criteria for a specific exemption, employees covered by FLSA protections who are paid a salary are still due ...

What Businesses Need To Know About The New Overtime Rules

After July 1, 2024, the new rule increases that salary threshold to $43,888. Now, any employees who make $43,888 or less a year will qualify for ...

New Overtime Rule Hurts Small Businesses - NFIB

The U.S. Department of Labor (DOL) released a new overtime rule that will add burdensome requirements for small business owners.

FLSA: what to know for your small business - Homebase

Non-exempt employees are entitled to minimum wage and overtime pay for hours in excess of 40 per workweek. Homebase HR Pro experts can educate you on the FLSA ...

FLSA Overtime Exemption Rules Updated: What Business Owners ...

The U.S. department of Labor (DOL) has issued significant updates to the Fair Labor Standards Act (FLSA) regulations that determine which ...

Attention Business Owners: New Overtime Rules are Coming. Are ...

Some states have stricter regulations, like California requiring overtime pay after eight hours in a workday. Exempt Employees: Typically ...

CPAs: What Your Small Business Clients Need to Know About ...

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

Understanding the New Overtime Rules: What Small Business ...

Understanding the New Overtime Rules: What Small Business Owners Need to Know · Review Your Employees' Salaries: Identify employees affected by ...

Navigating Overtime Rules for Small Businesses - USB

Any business covered under the Fair Labor Standards Act (FLSA) must pay non-exempt employees overtime. Even smaller businesses not covered by FLSA may have ...

What is overtime pay? Here's what every small business needs to ...

Unless state-specific laws dictate otherwise, nonexempt employees are compensated at the federal overtime rate (time and a half). The FLSA does ...

What DOL's New Overtime Rule Means for Your Business - NFIB

This rule will likely force small business owners to reclassify many exempt employees and possibly pay overtime to employees who have long ...

New and Small Businesses | U.S. Department of Labor

Minimum Wage: Generally, employers must pay most employees the federal minimum wage for all hours worked. Overtime: Overtime pay must be at a rate of at least ...

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

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

Answers to 5 Questions about Overtime Rules - SBA

Federal overtime pay rules under the Fair Labor Standards Act (FLSA) come into play when employees who are not “exempt” (explained below) work more than 40 ...

Navigating the Impact of New Overtime Rules on Small Businesses

However, starting July 1, 2024, businesses must deliver overtime pay to salaried workers who earn less than $43,888 a year. This threshold will ...

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

Some smaller businesses that don't meet the specifications to be covered by the FLSA still might have obligations under their state's overtime law, as well as ...

Overtime rules small business owners should know about - MileIQ

There is no limit to the number of hours employees aged 16 and over can work in a workweek under the Fair Labor Standards Act (FLSA).