overtime Archives - Abacus Payroll

Managing Overtime: 7 Common Questions

October 3, 2019 | posted by Abacus Payroll

Despite its frequent usage across occupations, overtime remains an elusively curious phenomenon from a payroll perspective—especially if you’re new to calculating your own company’s payroll. Overtime is expensive to maintain and even pricier to screw up; for that reason, we’re addressing some of the most common questions you’re likely to have about overtime so that […]

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, […]

2020’s HR Landscape for New Jersey Employers

September 19, 2019 | posted by Abacus Payroll

The coming year is set to usher in quite a few large-scale changes for businesses of all sizes in New Jersey, so starting your preparations now will help keep your workplace compliant and employee-friendly. Here is a round-up of the main things for which you’ll want to update your HR section come 2020. New […]

Paying Employees for Travel: What’s Required by Law

March 29, 2018 | posted by Abacus Payroll

While the line separating work-related expenses and personal expenses can be blurry, delineating between paid and non-paid travel time is its own payroll nightmare. Here are some examples of what does—and what doesn’t—constitute paid travel according to law. Commuting vs. Travelling The first thing you need to understand is the difference between “commute time” and […]

Conducting an Internal Wage and Hour Audit

July 25, 2017 | posted by Abacus Payroll

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, […]

Do I Have to Pay My Employees Travel Time? What the Law Requires

June 30, 2017 | posted by Abacus Payroll

While the line separating work-related expenses and personal expenses can be blurry, delineating between paid and non-paid travel time is its own payroll nightmare. Here are some examples of what does—and what doesn’t—constitute paid travel according to law. Commuting vs. Travelling The first thing you need to understand is the difference between “commute time” […]

Department of Labor Finalizes New Overtime Rules (2016)

May 26, 2016 | posted by 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. […]

6 Ways Extra HR Support Can Help Your Small Business

May 2, 2016 | posted by Abacus Payroll

Depending on a business’s size and budget constraints, an in-house Human Resources department may not always be realistic. However, having employees brings along typical HR issues that need to be addressed, including employment laws, benefits, employee retention, poster requirements, hiring, recruiting, and workforce relations. In addition, once you reach certain employee number thresholds, there are […]

Overtime Pay Facts

January 19, 2016 | posted by Abacus Payroll

Overtime is easily one of the biggest logistical nightmares that employers face. Between tax ramifications, employee classifications, and payroll balancing, you have a lot on your plate when you sit down to calculate overtime. Amidst the chaos of an altered workweek, it can be hard to keep track of the factors involved. Here are […]

All About the Department of Labor’s Proposed New Overtime Laws

November 20, 2015 | posted by Abacus Payroll

Current overtime exemption laws can be unfair at best. With a salary test of $455 a week—or $23,660 per year—the average exempt employee often works uncompensated overtime whilst living below the familial poverty line; as a result, white collars employed in managerial positions or computer sales are getting stuck with outrageously long workweeks and nothing […]