Who Is Excluded From the FLSA’s Minimum Salary Requirements?

Who Is Excluded From the FLSA’s Minimum Salary Requirements?

February 16th, 2019 10:55 am

Executive, administrative and professional employees who meet the Fair Labor Standard Act’s job duties and salary basis criteria are exempt from the FLSA’s minimum wage and overtime pay provisions. Per the FLSA, these employees must be paid no less than $455 per week on a salary basis. However, the following positions may be exempt from […]

Inclement Weather and Your Payroll Obligations

January 15th, 2019 2:27 pm

Hurricanes, storms, tornadoes, blizzards, floods and other weather-related disasters can cause inclement weather closures. But even if one of these calamities causes your business to close, your employees must still be paid on their next regularly scheduled payday if they did any work during the pay period. To ensure accurate payment, you’ll need to take […]

Federal Payroll Laws for Nonprofit Organizations

November 2nd, 2018 10:45 am

Payroll laws for nonprofit organizations can be challenging, as they require dealing with special provisions of the Fair Labor Standards Act (FLSA), which is administered by the DOL, and the federal tax code, which is governed by the IRS. FLSA Coverage for Nonprofits The FLSA’s minimum wage, overtime, record-keeping and child labor laws cover employees […]

Pretax and After-Tax – Learn the Differences

September 5th, 2018 9:26 am

Deductions Taken Before Taxes Pretax and after-tax deductions – what’s the difference? When can you use each? Pretax deductions are subtracted from employees’ wages before taxes are taken out, thereby lowering their taxable wages and increasing their take-home pay. For a deduction to be eligible for pretax status, the employer must have an Internal Revenue Service-compliant plan […]

How to Manage a Cafeteria Plan

July 4th, 2018 12:51 pm

A cafeteria plan is a written employee benefits plan that meets the requirements of Section 125 of the Internal Revenue Code. Most commonly, cafeteria plans come in the form of premium-only plans and flexible spending arrangements. Cafeteria Plan Provisions With a premium-only plan, employees pay their premiums—such as for health, life, and disability insurance—with pretax dollars […]