As a business owner you want to make sure that you are abiding by all employment laws. As of late, you may have heard some buzz regarding overtime rules. You know that proposed changes to overtime regulations for salaried employees began in 2016 under the Obama administration. Since you employ salaried workers, you want to understand what is happening with the overtime rules.
In July 2015, the Department of Labor ("DOL") proposed significant changes to the Executive, Administrative, Professional ("EAP") or "white-collar" exemption under the Fair Labor Standards Act ("FLSA"). The FLSA makes it illegal for an employer to pay under the minimum wage and forces employers to pay overtime to those employees who are (properly) classified as "non-exempt." The modifications, if they are approved, will increase the salary threshold for those white-collar workers who may now be exempt from overtime laws.
The familiar signs of December are all around; from the red cups at my favorite coffee shop, to the holiday lights and flags decorating the streets. Generally, the holidays mean parties, family, friends. However, to those who work in retail, the holidays mean extended mall hours, crazed shoppers, over-crowded parking lots, and more time spent fixing shelves and folding clothes.