This Handbook provides an overview of federal laws addressing employer-employee rights and obligations. Information discussed includes wages & hours, discrimination, termination of employment, pension plans and retirement benefits, workplace safety, workers' compensation, unions, the Family and Medical Leave Act, and much more in 25 pages of materials.
Labor Laws For Salaried Employees In New York In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-002HB
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
What Are the Key Changes? Changes are meant to reflect inflation and increased living costs. As a result, thresholds tend to move upward rather than downward: Minimum Salary Threshold: The new rule raises the standard salary level from $35,568 per year ($684 per week) to $58,656 annually ($1,128 per week).
The 2024 Final Rule: A Refresher The DOL's 2024 final rule increased this minimum salary threshold for EAP exempt employees from $684 per week to $844 per week (equivalent to $43,888 per year) on July 1 and mandated a second increase to $1,128 per week (equivalent to $58,656 per year) to take place January 1, 2025.
Most salaried employees don't often exceed 45-50 hours of work in a given week. If a job regularly requires more than 50 hours of weekly work, then the role is probably poorly designed. The roles, duties and responsibilities may be completed more effectively if distributed across multiple jobs.
As a salaried exempt employee, you must make at least double the yearly amount that a minimum wage hourly worker would make working a 40-hour work week each week. Beginning in 2023, California established that the minimum wage in the state is $15.50 an hour; however, depending on where you're located, it might be more.
Most salaried employees don't often exceed 45-50 hours of work in a given week. If a job regularly requires more than 50 hours of weekly work, then the role is probably poorly designed. The roles, duties and responsibilities may be completed more effectively if distributed across multiple jobs.
Effective July 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to $58,656 on Jan. 1, 2025. The July 1 increase updates the present annual salary threshold of $35,568 based on the methodology used by the prior administration in the 2019 overtime rule update.
WARNING SIGNS OF TOO MUCH OVERTIME One of the first indicators of excessive overtime is your wage bill. If all or most of your employee's actual wages are consistently 30–45% higher than their salary, alarm bells should be going off – especially if it's every month.
More info
We enforce the State Labor Laws for minimum wage, hours of work, employment of minors, payment of wages, farm labor, nursing mothers in the workplace, and more. They also have the right to take breaks and use sick leave.This pamphlet is intended to provide Employers and Employees with general information about their employment rights and responsibilities in New York State. New York recently raised the minimum salary basis thresholds for executive and administrative employees in order to satisfy the exemption from overtime. Before hiring employees in New York, you need to fill out a New York State (NYS) Employer Registration Form and get unemployment insurance. The mandated state and federal labor law posters that all employees must be informed of are located in this document. All workers in New York state are entitled to receive an hourly Minimum Wage rate according to New York Labor Laws and the Fair Labor Standards Act (FLSA). The minimum wage has to be paid for all hours worked as per the law in New York State. If you are interested in starting your case this way, click on electronic filing. New York's local and state minimum wage guidelines, frequently asked questions, and resources for navigating local and state taxes.