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:
Those workers earning less than $23,660 a year, or $455 a week, are guaranteed overtime protection regardless of their duties or titles.
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.”
White-collar workers who earn more than $100,000 a year are automatically exempt from overtime pay.
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:
Most workers must still be paid at least the $5.15 minimum wage rate.
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.