On May 18th, 2016 the Department of Labor updated overtime regulations that extends overtime protection to more than 4 million workers.
How does this affect your organization?
With the update of salary and compensation levels, for most organizations this means that salaried employees earning less than $47,476 annually will either receive an increase in compensation in compliance with the new earning regulation or be required to clock in and out as a non-exempt hourly employee.
The effective date for compliance is December 1, 2016.
If your organization is manually tracking employee time or if you are facing moving salaried employees to an hourly status, automated time and attendance is more critical than ever. We can provide you with Time Clock software that links to NAV Payroll, Manufacturing & Jobs and can talk to other payroll systems like ADP.
Don’t wait until the last minute to automate.
We expect the rush to automate could be akin to Y2K software updates. With the entire country affected, please don’t wait until the last minute. There could be a backlog of work for software vendors, and you don’t want to be left in a situation where you’re not in compliance by December 1st.