Overtime provision of the FLSA requires payment at one and a half times the

Overtime provision of the flsa requires payment at

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Overtime provision of the FLSA requires payment at one-and-a-half times the standard for working more than 40 hours per week The conditions that inspired the legislation have changed, since the law was passed Contemporary employers face :
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An increasingly skilled workforce with higher training costs per employee Higher benefits costs, the bulk of which are fixed per employee What time is covered? OSHA (Occupational Safety and Health Administration) legislation specifies the number of breaks that must be provided in an eight-hour workday Portal-to-Portal Act provides that time spent on activities before beginning the “principal activity” is generally not compensable What income is covered? The Worker Economic Opportunity Act, a 2000 amendment to FLSA, allows stock options and bonuses to be exempt from inclusion in overtime pay calculations Compensatory time off Federal legislation has been proposed (but not yet passed) that would give employees and employers the option of trading overtime pay for time off Employee status For people classified as employees, and organization must o Withhold federal/state/local income taxes o Match Social Security/Medicare withholding o Include person in company benefit programs o Pay for unemployment insurance and workers’ compensation o Allow up to 12 weeks of unpaid leave for family emergencies (FMLA) o Provide any other state or federally mandated benefits To be classified as a contractor, a person must o Have ability to set own hours and determine sequence of work o Work off-site o Work by the project rather than have a continuous relationship with the employer o Be paid by the job o Have an opportunity for profit and loss o Furnish own tools and training o Be self-employed or work with a leasing company Exempt o Excluded from FLSA minimum wage and overtime provisions Salary test and duties test o Four classifications of exempt employees Executives Professionals Administrative employees Outside salespeople o
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  • Fall '12
  • Davison
  • Management, Employment compensation, FLSA

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