Important updates: New DOL overtime rule

Important updates: New DOL overtime rule

Stay informed about changes to OT salary thresholds and how they impact your business.


New overtime rule updates


The Department of Labor's new overtime rule took effect on July 1, raising salary thresholds. Keeping up with the rule is essential, especially with recent changes like the Texas court challenge. Here’s a rolling list of updates, as well as advice on adapting your business practices.

Stay Compliant & Informed: https://bit.ly/45WUHba


Must-have employee benefits

Are you providing the right benefits to your employees? Did you know some employee benefits are mandatory while others are optional? Check out this guide to learn the difference and ensure compliance.

Safeguard Your Business: https://bit.ly/3LCfyHH


New Final Overtime Rule – What Businesses Must Know about Compliance

With the new Final Overtime Rule from the U.S. DOL taking effect July 1, Gene Marks talks with Tammy Tyler, Manager of Employment Law Compliance at Paychex about salary thresholds for exempting employees, future increases, and potential impacts on payroll structures. This episode of Paychex THRIVE, a Business Podcast, also discusses the importance of policies on overtime and a focus on preparedness, including reviewing salaries, reclassification, and overall communication with employees and managers on overtime.


Get state-specific business resources

Navigating the complexities of state regulations can be challenging, but we're here to help. Our state resources page has all the information you need to stay compliant and thrive wherever your business operates.

 

Explore Your State: https://bit.ly/3LfwFP0


What’s Trending

•       Create a supportive and productive work environment with EAPs

•       Simple yet effective strategies for motivating your team

•       How to identify and fix a toxic workplace


Webinar: The Role of Tech and AI

Wednesday, July 10

2:00 p.m. ET (45 min.)

Join us for an exclusive webinar with Paychex's Beaumont Vance, senior vice president of Data, Analytics, and AI, to discover how industry leaders are leveraging AI to streamline HR tasks and boost efficiency. He’ll share actionable steps on how you can best integrate this game-changing tech to transform your HR operations.

Save Your Seat: https://bit.ly/3RWopr9


Maximize retention and tax savings

Non-taxable benefits have the power to save your business money while keeping your employees happy. Find out how you can use perks like educational assistance and health savings accounts to your advantage.

Start Saving: https://bit.ly/3WgEVVx


Webinar: Annual 401(k) plan review

Wednesday, July 17

2:00 p.m. ET

Is your 401(k) working hard enough for your business? Join our upcoming webinar to learn how to review your plan, including an assessment of its design, fee structure, and investment performance.

Register Now: https://bit.ly/4cBJpvI


The flavor of success

Pietrzyk Pierogi turned to Paychex as the secret ingredient for payroll and HR expertise. With us by her side, this small business owner could focus on her vision of success.

Leverage Our Expertise: https://bit.ly/45WXEsg



To view or add a comment, sign in

Insights from the community

Others also viewed

Explore topics