Monday, June 1, 2020

Employers, remote employees and overtime: Act now or pay later | BenefitsPRO

Nearly 30% of Americans report that they've dipped into their retirement funds, but will that add even more to their burden?

* * *

Our industry is full of heartening stories these days as benefits professionals, their families and their coworkers find ways to help and lead.

It’s not a pipe dream. There really are unique options that let clients save money while improving health care access.

Publisher: BenefitsPRO
Date: 2020-06-01
Author: William Rieser
Twitter: @Benefits_Pro
Reference: (Read more) Visit Source



While you're here, how about this:

League of Cities and Towns calls for taxpayer protections | East Greenwich Pendulum |
Publisher: RICentral.com
Reference: (Read more) Visit Source



Tornadoes forced cities to spend millions in overtime pay

EDITOR’S NOTE: Sixteen tornadoes smashed through our community on Memorial Day 2019. Since that day, the Dayton Daily News has been on the ground reporting on the devastation and the work of recovery. Now, one year later, we are digging into the obstacles that remain, how the coronavirus pandemic has affected rebuilding and how communities have been changed forever.  Go here for more of this coverage.

* * *

The Memorial Day tornadoes that ripped through the Miami Valley a year ago forced area governments to spend more than $4 million on overtime pay and caused many cities to push back projects indefinitely, a Dayton Daily News investigation found.

Publisher: daytondailynews
Date: 2020-05-29T04:00:00-0400
Twitter: @daytondailynews
Reference: (Read more) Visit Source



National Employment Perspective | Focus on Wage & Hour | Shook, Hardy & Bacon L.L.P. - JDSupra

The U.S. Department of Labor (DOL) has revised its regulations to simplify the statutory scheme governing whether employees who receive commissions are overtime-exempt. Section 7(i) of the Fair Labor Standards Act (FLSA) allows some retail and service employers to exempt workers who are paid primarily by commission from overtime pay. Only certain types of “retail or service establishments” can take advantage of exemption.

Per DOL guidance, employers must have a “retail concept” to qualify for Section 7(i)’s commission-based overtime exemption. See 29 CFR 779.316. Whether a certain business had a “retail concept” was governed by two lists issued in 1961 and not updated since 1971. The first was a non-exhaustive list of 134 types of businesses that DOL believed lacked a “retail concept,” including travel agencies, stamp redemption stores, and telegraph companies.

Publisher: JD Supra
Twitter: @jdsupra
Reference: (Read more) Visit Source



While you're here, how about this:

PA Chamber urges governor to allow overtime disapproval resolution to take effect - Pennsylvania

© Shutterstock

State senators' recent adoption of House Concurrent Regulatory Review Resolution 1, disapproving the state Department of Labor and Industry's proposal to significantly expand overtime eligibility standards is crucial for employers, Pennsylvania Chamber of Business and Industry President Gene Barr said.

The concurrent resolution would prohibit the Department of Labor & Industry from publishing Regulation #12-106, which updates the minimum wage and overtime exemptions for administrative, executive and professional employees. The Senate Labor and Industry Committee approved the House resolution on May 26.

Publisher: Pennsylvania Business Report
Date: 2020-06-01T14:48:41 00:00
Author: Debra Flax
Twitter: @FinanceRegNews
Reference: (Read more) Visit Source



Amazon to end wage increases, double overtime pay at end of May; will Jeff Bezos become

Amazon workers have been getting paid extra during the coronavirus pandemic, but the temporary wage increases and double overtime pay will be coming to an end.

* * *

Warehouse workers and drivers have been getting an additional $2 an hour as well as double hourly wages for overtime work.

The temporary pay increase was announced on March 16, set to end in April. It was extended to May 16 and now finally May 31, Recode reported .

Publisher: KOKI
Author: Natalie Dreier Cox Media Group National Content Desk
Twitter: @FOX23
Reference: (Read more) Visit Source



Retail Business Overtime Exemption Expanded Under New Rule (1)

Certain businesses with a retail component will have an easier time exempting commission-earning employees from overtime pay under a new, previously unannounced Labor Department regulation that takes effect immediately.

The DOL's Wage and Hour Division issued a final rule Monday to eliminate a list of 89 establishments that lack a retail concept, a designation that previously made them ineligible for the long-established retail and service industry exemption from time-and-a-half overtime pay requirements.

Twitter: @BloombergLaw
Reference: (Read more) Visit Source



Oregon Employers: What to Expect From Minimum Wage Increase

Oregon employers feeling the financial strain of economic disruptions caused by the COVID-19 pandemic are bracing themselves for another impact. On July 1, 2020, Oregon's minimum wage increase will take effect.

In Oregon, the minimum wage rate varies depending upon an employer's location categorized by (1) standard counties; (2) Portland metropolitan areas; and (3) nonurban counties. The wage increase for each location is as follows:

* * *

The Oregon Bureau of Labor and Industries (BOLI), provides a county-by-county map to identify each location under the law. Multnomah, Clackamas, and Washington counties are subject to the Portland metropolitan wage rate. To name a few, Deschutes and Linn counties are subject to the standard county wage rate.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
Reference: (Read more) Visit Source



Happening on Twitter

No comments:

Post a Comment

The Relevance Of The Natural Sciences Methods In Economics

Reference:...