For hourly computer professionals, L&Is new salary threshold is $47.92 per hour. Hourly rate (regular pay rate for an employee paid by the hour) - If more than 40 hours are worked, at least one and one-half times the regular rate for each hour over 40 is due. .usa-footer .grid-container {padding-left: 30px!important;} For that week only, the employee would be entitled to protections under the Minimum Wage Act, which would include payment for all time worked over 40. Not necessarily. #block-googletagmanagerfooter .field { padding-bottom:0 !important; } Virtual & Washington, DC | February 26-28, 2023. If the employee works 50 hours, the regular rate is $9.60 ($480 divided by 50 hours). The states minimum wage is scheduled to increase on January 1, 2022. Many states have their own salary and duties tests for determining whether an employee is exempt from overtime under state rules. Illinois. Domestic service workers such as day workers, housekeepers, chauffeurs, cooks, or full-time babysitters are covered if: Tipped employees are individuals engaged in occupations in which they customarily and regularly receive more than $30 a month in tips. Employers are prohi-bited from taking any action to displace employees in order to hire employees at the youth minimum wage. What is the Fair Labor Standards Act? #views-exposed-form-manual-cloud-search-manual-cloud-search-results .form-actions{display:block;flex:1;} #tfa-entry-form .form-actions {justify-content:flex-start;} #node-agency-pages-layout-builder-form .form-actions {display:block;} #tfa-entry-form input {height:55px;} Whether compliance would be an undue hardship is determined by looking at the difficulty or expense of compliance for a specific employer in comparison to the size, financial resources, nature, and structure of the employers business. .paragraph--type--html-table .ts-cell-content {max-width: 100%;} However, where employers already provide compensated breaks, an employee who uses that break time to express milk must be compensated in the same way that other employees are compensated for break time. Nondiscretionary bonuses and incentive payments (including commissions) paid on an annual or more frequent basis may be used to satisfy up to 10 percent of the standard salary level. The Fair Labor Standards Act (FLSA) is a federal law which establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers in the private sector and in federal, state, and local governments. $35,568 (Current Federal) N/A. How can employers avoid salary compression when raising the minimum salary for exempt employees under the revised overtime regulations? If the persons pay is tied to the amount of time (i.e., the quantity) that they work, they are hourly employees and overtime eligible because they are not being paid on a salary basis pursuant to WMWA rules. Who is affected by the Fair Labor Standards Act? The proposal is expected to be issued in the near future. If your agency would like to change the work period designation from overtime eligible to overtime exempt or lawenforcementyou must request approval fromStateHR. The piece rate must be the one actually paid during nonovertime hours and must be enough to yield at least the minimum wage per hour. The FLSA and the State Minimum Wage Act exempt employees who work in a bona fide executive capacity from the overtime pay requirements. For academic employees, consult your assigned AAG about whether the new salary basis threshold applies. Find the latest news and members-only resources that can help employers navigate in an uncertain economy. $50,000 per year ($961.54 per week) If highly technical computer professionals are paid on an hourly basis and meet the duties requirements, they must be paid at least $31.41 per hour It's also worth noting that Colorado's standard threshold will increase in 2024, with an indexed increase slated for 2025. Will employees who are currently considered exempt under FLSA remain exempt under WMWA? $(document).ready(function () { The FLSA requires employers to keep records on wages, hours, and other items, as specified in DOL recordkeeping regulations. SHRM members receive exclusive access to templates, tools, webcasts, how-to guides and more aimed at helping HR professionals get their organizations into compliance with the new overtime regulations. /*-->