DOL Releases Final Overtime Rules
DOL Final Overtime Rules Effective January 1, 2020 The amounts required to be earned by an employee in order for that employee to be exempt from the FLSA overtime requirements will be $684 per week ($35,568 annually). These final overtime rules are an increase from the current level of $455 per week ($23,660 annually). The […]
Wage and Salary History Prohibited in New York
We previously posted that salary history inquiries were prohibited in New York City. This is now the case throughout the State. The new law takes effect on January 6, 2020. Key Components of the Salary History Law are that no employer shall: Rely on the wage or salary history of an applicant in determining whether […]
Cadillac Tax Delayed until 2022
Delayed Again but Not Repealed The recent government funding bill included a provision to delay the Cadillac Tax further. The tax is a 40% excise tax on plans with value over certain indexed thresholds. The stopgap funding bill also amends other tax provisions that were part of the Affordable Care Act, such as delaying the […]
