Southeast Treats Posted September 24, 2019 Share Posted September 24, 2019 U.S. Department of Labor Issues Final Overtime Rule Today the U.S. Department of Labor announced a final rule to make 1.3 million American workers eligible for overtime pay under the Fair Labor Standards Act (FLSA). “For the first time in over 15 years, America’s workers will have an update to overtime regulations that will put overtime pay into the pockets of more than a million working Americans,” Acting U.S. Secretary of Labor Patrick Pizzella said. “This rule brings a common sense approach that offers consistency and certainty for employers as well as clarity and prosperity for American workers.” “Today’s rule is the thoughtful product informed by public comment, listening sessions, and long-standing calculations,” Wage and Hour Division Administrator Cheryl Stanton remarked. “The Wage and Hour Division now turns to help employers comply and ensure that workers will be receiving their overtime pay.” The final rule updates the earnings thresholds necessary to exempt executive, administrative, or professional employees from the FLSA’s minimum wage and overtime pay requirements, and allows employers to count a portion of certain bonuses/commissions towards meeting the salary level. The new thresholds account for growth in employee earnings since the currently enforced thresholds were set in 2004. In the final rule, the Department is: raising the “standard salary level” from the currently enforced level of $455 to $684 per week (equivalent to $35,568 per year for a full-year worker); raising the total annual compensation level for “highly compensated employees (HCE)” from the currently-enforced level of $100,000 to $107,432 per year; allowing employers to use nondiscretionary bonuses and incentive payments (including commissions) that are paid at least annually to satisfy up to 10 percent of the standard salary level, in recognition of evolving pay practices; and revising the special salary levels for workers in U.S. territories and in the motion picture industry. The final rule will be effective on January 1, 2020. The increases to the salary thresholds are long overdue in light of wage and salary growth since 2004. Nearly every person who commented on the Department’s 2017 Request for Information, participated at listening sessions in 2018 regarding the regulations, or commented on the Notice of Proposed Rulemaking agreed that the thresholds needed to be updated for this reason. A 2016 final rule to change the overtime thresholds was enjoined by the U.S. District Court for the Eastern District of Texas on November 22, 2016, and was subsequently invalidated by that court. As of November 6, 2017, the U.S. Court of Appeals for the Fifth Circuit has held the appeal in abeyance pending further rulemaking regarding a revised salary threshold. As the 2016 final rule was invalidated, the Department has consistently enforced the 2004 level throughout the last 15 years. More information about the final rule is available at www.dol.gov/whd/overtime2019/. Link to comment Share on other sites More sharing options...
AngryChris Posted September 24, 2019 Share Posted September 24, 2019 So I guess that means TKK may have to pay his drivers more whether he likes it or not! Link to comment Share on other sites More sharing options...
TKK Posted September 24, 2019 Share Posted September 24, 2019 Haha Link to comment Share on other sites More sharing options...
vendcobros Posted September 25, 2019 Share Posted September 25, 2019 2 hours ago, AngryChris said: So I guess that means TKK may have to pay his drivers more whether he likes it or not! I'm sure they're stealing to make up for the difference. 1 Link to comment Share on other sites More sharing options...
TKK Posted September 25, 2019 Share Posted September 25, 2019 Lol trust me they arent...audit them to the dime Link to comment Share on other sites More sharing options...
vendcobros Posted September 25, 2019 Share Posted September 25, 2019 18 hours ago, TKK said: Lol trust me they arent...audit them to the dime Uh huh I'm sure you are. Keeping perfect track with them shopping trucks. Good one. Link to comment Share on other sites More sharing options...
TKK Posted September 26, 2019 Share Posted September 26, 2019 Lol i dont have that problem.. Link to comment Share on other sites More sharing options...
Southeast Treats Posted October 18, 2019 Author Share Posted October 18, 2019 Under the heading of "there is always something new to learn" - https://www.vendingtimes.com/articles/the-dex-coin-tube-scam-and-how-to-catch-someone-do-13009 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now