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DOL Announces Final Overtime Rules for 2020

September 26, 2019 | posted by Abacus Payroll
After several years of attempting to get proposed overtime changes off the ground, the U.S. Department of Labor announced on September 24, 2019 a final rule to make 1.3 million additional American workers eligible for overtime pay. The new provisions update the Fair Labor Standards Act’s (FLSA) regulations and minimum salary thresholds in which executive, […]
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HR Alert: DOL’s New Internship Guidelines

November 1, 2018 | posted by Abacus Payroll
Internships provide efficient ways to groom potential employees for your firm without the hefty onboarding training—and, in many cases, salary—which accompanies an actual employee. Unfortunately, some employers violate the extent to which an unpaid intern can remain unpaid, often without even know what the limitations are. For this reason, the DOL created a test earlier […]
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Avoiding Labor Poster Fees

September 26, 2018 | posted by Abacus Payroll
If you own a company of any size, you’re probably familiar with labor posters. Labor posters—those placards with information about employees’ rights—are unsightly but mandatory wall décor for every workplace, and the penalties for not putting them up are stiff. Here’s what you need to know to avoid labor poster-based fees in 2018. Risk and […]
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Conducting an Internal Wage and Hour Audit

July 25, 2017 | posted by Abacus Payroll
conducting internal wage and hour audit
Consider it a must to check up on your company’s wage and hour records to ensure and enforce compliance.   To verify that your organization is compliant with FSLA standards, it’s in your company’s best interests to conduct an internal audit examining employees’ wages and hourly requirements. By checking on your own data and files, […]
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Department of Labor Finalizes New Overtime Rules (2016)

May 26, 2016 | posted by Abacus Payroll
DOL New Overtime Rules Abacus Payroll
Update to Salary Thresholds Are your employees meeting the requirements for minimum wage and overtime exemption? Find out about the new provisions for certain employees under the Fair Labor Standards Act.     On May 18, 2016, the Department of Labor’s (DOL) Wage and Hour Division issued a Final Rule on new proposed overtime standards. […]
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