NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The U.S. Department of Labor’s Wage and Hour Division (WHD) today announced a Notice of Proposed Rulemaking (NPRM) that would allow job creators to offer bonuses or other incentive-based pay to employees whose hours vary from week to week. The proposal would revise the regulation for computing overtime compensation for salaried, non-exempt employees who work hours that […]
NJBIA has raised concerns that a proposal to expand overtime rules to include New Jersey white-collar workers earning up to $78,000 a year will hurt businesses already impacted by new minimum wage laws and could ultimately backfire by resulting in employees losing overtime opportunities. A liberal think tank released the proposal on Thursday, which the […]
WASHINGTON, DC – The U.S. Department of Labor announced today that it has issued three new opinion letters that address compliance issues related to the Fair Labor Standards Act (FLSA). An opinion letter is an official, written opinion by the Department’s Wage and Hour Division (WHD) on how a particular law applies in specific circumstances […]
Businesses should start reviewing their worker pay schedules and exemption classifications now because big changes are expected in early 2020 to the federal rules governing which employees are exempt from overtime. That was the message prominent labor law attorney Michael Shadiack delivered to HR professionals and company executives who attended NJBIA’s wage and hour law […]
The U.S. Department of Labor (DOL) is planning to propose a new rule in October increasing the salary threshold for employees to be exempt from overtime, but it likely won’t be as high as the $47,000 threshold that was invalidated last year. As the news website HR Dive recently reported, the issue is part of […]
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