Overtime regulations and pay policy updates have been in the headlines lately, with a focus on the evolving nature of labor laws and little-known details that could surprise you.
This month we bring you important headlines from around the web that could affect the way your company handles your payroll policies. Check out the articles below.
What the New Overtime Threshold of $35,000 Means for Your Business
Via HR Daily Advisor. The U.S. Department of Labor (DOL) has released its highly anticipated proposal to change the minimum salary threshold for overtime eligibility. Here's a rundown of the changes you should expect, and how companies should prepare for them.
Direct Deposit Scam Targets Payroll, HR
Via HR Watchdog. Payroll and HR departments are now popular targets for hackers and email scams. You could inadvertently give criminals access to an employee’s paycheck without knowing, costing your company thousands of dollars. The latest swindle is the direct deposit scam. Get the details here.
Deadline Set on Reporting Pay Data to Government
Via Newsday. A fall deadline has been set by the U.S. Equal Employment Opportunity Commission for employers of 100 or more workers to comply with an Obama-era requirement to report pay data by race, ethnicity and gender. Find out what you should expect.
Best Practices for Crafting a PTO Policy — and Getting Workers to Use It
Via HR Dive. While research shows that paid time off enhances work performance and personal wellbeing, it can be a challenge to get employees to use their PTO. HR Drive examines why, and how to fix it.
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