WASHINGTON, DC — Just a little reminder that as of August 23, a few things have changed when it comes to paying overtime for your employees.
What's changed:
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Those workers earning less than $23,660 a year, or $455 a week, are guaranteed overtime protection regardless of their duties or titles.
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To be exempt from overtime, workers must be paid a set salary and not an hourly wage. That salary must be at least $23,660 a year and their duties must be “administrative,” “professional” or “executive.”
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White-collar workers who earn more than $100,000 a year are automatically exempt from overtime pay.
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Also, note that when state law differs from the federal Fair Labor Standards Act (FLSA), an employer must follow the standard that is most protective to employees.
What's stayed the same:
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Most workers must still be paid at least the $5.15 minimum wage rate.
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Overtime is still considered time and a half of the regular pay for hours worked over 40 in a workweek.
For more information about “FairPay” or other labor questions, visit www.wagehour.dol.gov or call 1-866-4US-WAGE.