New Overtime Rules Beginning Dec.1, 2016
Overview According to the United States Department of Labor, the federal overtime provisions are contained in the Fair Labor Standards Act (FLSA). Unless exempt, employees covered by the Act must receive overtime pay for hours worked over 40 in a workweek at a rate not less than time and one-half their regular rates of pay. […]
Effective July 1, Metro Louisville’s minimum wage is now $8.25
It has been nearly two years since Louisville Metro Council voted to raise the minimum wage in metro Louisville. Minimum wage is now $8.25 an hour. Next July 1, it increases to $9 an hour. All companies within Louisville Metro, including those in independent cities and unincorporated areas, are required to pay hourly workers the new rate. Workers who are paid tips […]
Overtime, ACA and LGBT Among Employer Concerns
Below is an article from the Bureau of National Affairs regarding employer concerns. New overtime regulations, Affordable Care Act provisions, and LGBT (lesbian, gay, bisexual and transgender) employee rights are among the issues currently on the minds of employers, according to a survey from law firm Littler Mendelson. “These concerns have been amplified as employers worry […]
Penalties to Rise for Incorrectly Filed Information Returns
The article below is from the Bureau of National Affairs regarding increased fees for incorrect filed forms. Penalties for failing to file correct information returns, such as Forms W-2, are to increase, effective Jan. 1, 2016, as part of the Trade Preferences Extension Act of 2015 (Pub. L. 114-27), which was signed June 29 by President […]
