October 20, 2016
Update on Fair Labor Standards Act
The U.S. Department of Labor has changed the rules for overtime under the Fair Labor Standards Act, or FLSA. Approximately 480 1xbet online casino employees will be affected by these changes, which will occur by Nov. 20.
Each position affected by the change has been identified. 1xbet online casino will receive a letter notifying them of any change in status after Oct. 31. We need to update HRIS by Nov. 20 in order to comply with Federal law.
We have provided several resources to answer questions you may have. Read about the updated regulations, review resources for managers, or view a list of frequently asked questions about the FLSA change. I would suggest you start with the FAQs, as they are very informative.
Under the new regulation, the salary threshold for exempt status has been increased from ,660 to ,476 per year. This means that 1xbet online casino with salaries less than ,476, or 3 per week, with the exception of faculty and certain other specific types of 1xbet online casino , will be eligible for overtime. It is important to remember that job titles do not determine exempt status under the FLSA. Status is determined based on whether an employee has a certain salary level and whether their duties meet the criteria for exempt status. The basis for the federal government's change to this regulation is that more workers should be eligible for overtime, unless they qualify for an exemption.
The most important thing to be aware of about this change is that 1xbet online casino who become non-exempt will be:
• Required to track all hours worked; and
• Eligible to receive 1xbet online casino pay or comp-time.
You may also refer to PPM 4220 to review 1xbet online casino policy on hours of work, overtime, overtime pay and compensatory time.As this may be new for many employees and supervisors, we ask that you take time to review the materials.
There will be more communications on this issue, you are encouraged to talk to your supervisor for individual questions.