Department of Labor Rule:
What does it mean for your organization?
On May 18th , 2016 the Department of Labor updated overtime regulations that extends overtime protection to more than 4 million workers. How does this affect your organization?
With the update of salary and compensation levels, for most organizations this means that salaried employees earning less than $47,476 annually will either receive an increase in compensation in compliance with the new earning regulation or be required to clock in and out as a non-exempt hourly employee. The effective date for compliance is December 1, 2016.
If your organization is manually tracking employee time or if you are facing moving salaried employees to an hourly status, automated time and attendance is more critical than ever.
Call a sales representative today at 800.749.8463 to set up a demo or click here for a quote to discover how TimeClock Plus can help.
To learn more about the ruling, click here .