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He then filed a collective action under the Fair Labor Standards Act (FLSA) against Helix, asserting he was entitled to overtime pay. Various FLSA regulations exempt employees from overtime if they (1) perform managerial duties, (2) earn $100,000 or more each year, and (3) receive a weekly salary of $455 or higher on a salary basis.
Starting July 1, employers of all sizes will be required pay overtime — time and a half salary after 40 hours a week — to salaried workers who make less than $43,888 a year in certain ...
The rule would have required employers to pay overtime premiums to salaried workers who earn less than $1,128 per week, or about $58,600 per year, when they work more than 40 hours in a week ...
In 2016, then-President Barack Obama asked the Labor Department to overhaul federal overtime rules and raise the salary threshold to $47,476 a year, or $913 a week. That would have roughly doubled ...
An amendment permitted state and local government employers to compensate their employees' overtime hours with paid time away from work in lieu of overtime pay. [37] Paid time off must be given at the rate of one and one-half hours for each hour of employment for which overtime compensation would be required by the Fair Labor Standards Act. [37 ...
Lochner v. New York, 198 U.S. 45 (1905), was a landmark decision of the U.S. Supreme Court holding that a New York State statute that prescribed maximum working hours for bakers violated the bakers' right to freedom of contract under the Fourteenth Amendment to the U.S. Constitution. [1]
[38] [39] The New York Court of Appeals and US Supreme Court (by an evenly split court) upheld the law in 1936 in Chamberlin, Inc. v. Andrews. [ 40 ] The New York State Employment Relations Act , also known as NYSERA, SERA, or the Little Wagner Act, and codified at Article 20 of the Labor Law , was enacted in 1937 and modeled after the National ...
This marks one of the Obama administration's most significant moves to address stagnant wages.