PPT-Overtime Rule Changes and

How They Impact You June 30 2015 William V Beach bbeachrcolawcom RCO Law Ninth Floor Four SeaGate 220 W Sandusky Street Toledo OH 43604 Findlay OH 45840. Bernard J. . Bieg. and Judith A. . Toland. CHAPTER 2 . CHAPTER 2. COMPUTING WAGES & SALARIES. Developed by Lisa Swallow, CPA CMA MS. Learning Objectives. Explain the major provisions of the Fair Labor Standards Act. DOL’s Final Rule on Overtime. May 24, 2016. Presented for the U.S. Chamber of Commerce. Presented By:. Tammy McCutchen. Washington DC. (202) 414-6857. tmccutchen@littler.com. Agenda. A Quick Review. June 25, 2016 . Fortney & Scott, LLC. 1750 K St., NW, . Ste. 325, . Washington. , DC 20006. www.fortneyscott.com . Tele: . 202-689-1200. Burton J. Fishman, Esq. . bfishman@fortneyscott.com. . Important Legal Notice. 1. November 16, 2016. Presented by: . Jeff . Ment. Silver Golub & . Teitell. Hartford, CT. The Overtime Rule. In 2014, President Obama directed the Secretary of Labor to update the overtime regulations to reflect the original intent of the Fair Labor Standards Act, and to simplify and modernize the rules so they’re easier for workers and businesses to understand and apply. The department has issued a final rule that will put more money in the pockets of middle class workers – or give them more free time.. Be Prepared. Exempt VS Non-exempt. Do I have to pay this employee overtime?. Exemptions and Exceptions. . There are numerous exemptions and exceptions from the minimum wage and/or overtime standards of the FLSA. . Basic Pay. This is what you earn before any additions or deductions. Joe earns £6.50 . p.h. .. He works 40 hours per week. How much does he earn in a week?. 40 × 6.50. £260. How much does he earn in a year?. A perspective on shared data elements and their impact and importance to payroll computations. 6/16/2015. State Payroll Operations. 2. Purpose of the Partnership. Human Resources (DHRM) and Payroll (DOA) must work together to produce an accurate and timely paycheck for the employee while protecting the Commonwealth by ensuring that the amount of the check meets the requirements of federal and state laws and guidelines:. February 1, 2016. Agenda. Agenda. Introduction. Objectives. basics of the Overtime Exemption Rule. Proposed Rule Change. Assumptions. Outcomes. Implications. Recap. 2. INTRODUCTION. INTRODUCTION. The Department of Labor’s Wage and Hour Division (DOL) has proposed new regulations to the overtime pay rules under the Fair Labor Standards Act (FLSA). . . Revised . 24 October 09. M. . Pasenelli. CACPFO Rules Interpreter. 2. Our Mission. Review the rules and mechanics for overtime. Demonstrate our knowledge of the rules by answering the quiz questions correctly. What is happening and Why?. Overtime Regulations. U.S Department of Labor . to publish a final rule to update . the Fair Labor Standards Act. Applies to all employees. May change employee status from exempt (monthly paid) to non-exempt (bi-weekly paid). . Overtime Pay. Neither DBA nor SCA . provide premium rates for overtime hours of work, but . both . recognize other Federal laws that do:. Contract Work Hours and Safety Standards Act (CWHSSA) (40 U.S.C. . A perspective on shared data elements and their impact and importance to payroll computations. 6/16/2015. State Payroll Operations. 2. Purpose of the Partnership. Human Resources (DHRM) and Payroll (DOA) must work together to produce an accurate and timely paycheck for the employee while protecting the Commonwealth by ensuring that the amount of the check meets the requirements of federal and state laws and guidelines:. July 1 2021 the Virginia Overtime Wage Act Va Code 401-292 goes into effect This law requires employers in the Commonwealth to pay an overtime wage rate of one and a half times the regular rate for Gina L. Comeau, State Human Resources. Thomas Knoll, Assistant Attorney General. November 4-5, 2020. Minimum wage act requirements . State law requires workers:. Be paid a minimum wage;. Receive overtime for time worked over 40 hours per work week.