Under both federal and state law, overtime compensation owed to a nonexempt employee must be based on the employee’s “regular rate of pay.” That regular rate includes not only the employee’s standard ...
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. The U.S. Department of Labor regulates how and when overtime ...
Seyfarth Synopsis: California employers must use the formula prescribed by the Division of Labor Standards Enforcement Manual to calculate overtime on flat sum bonuses, not the bonus overtime formula ...
Workers with Fair Labor Standards Act (FLSA) coverage must receive overtime pay for hours worked above 40 in the workweek, according to the U.S. Department of Labor. FLSA-covered employees include ...
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The U.S. Department of Labor on Thursday proposed more changes to regulations governing overtime pay. But this move could make it easier for employers to offer better benefits to workers and could ...
A new deduction allows workers to subtract part of their overtime wages from their 2025 taxable income, lowering some taxpayers' bills in April. However, workers will need to calculate their deduction ...