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 Miami-Dade
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Multi-State
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Miami-Dade
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US-002HB
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FAQ
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.
Salaried employees are not required by law to clock in and out. Because of this, the decision comes down to the employer. While some employers don't require them to, there are many benefits of having your salaried employees track their time.
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.
Instead, employers must adhere to the requirements of the federal Fair Labor Standards Act (FLSA), which also does not mandate a meal or rest break. Thus, in Florida, an adult employee does not have a legal right to a meal period or break.
Under the Florida Minimum Wage Act, employees have the right to sue their employers for unpaid earnings. Before filing suit, the employee must file a complaint with the U.S. Department of Labor for violation of the federal labor laws. Once that complaint is filed, the employee can then file legal action.
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.
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.
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).