Delaware County Chamber of Commerce
  • About Us
    • Our Team
    • Board of Directors
    • Committees >
      • Business Economic & Equity Committee
      • Business Owners Group
      • Government Affairs - Advocacy in Action
      • Veterans & Business
      • YP Committee
    • Facility Rentals
  • Events & News
    • Biz Buzz Blog
    • Chamber Calendar
    • Community Calendar
    • Webinar Archive
    • Nominate
    • Community News
    • Sponsor
    • Host
  • Membership
    • Business Directory
    • JOIN NOW!
    • Why Join?
    • Member Discounts
    • Member to Member Coupons
    • Advertising
    • Send Out a Bid
    • Member Login
    • Testimonials
  • Workforce Development
  • Chamber Foundation
    • History
    • Foundation Board of Directors
    • Get Involved
    • Programs >
      • Leadership Delaware County
      • Magnifying Manufacturing
      • Youth Leadership Academy
  • Local Information
    • COVID-19
    • Advocacy in Action
    • Business Resources
    • County Government
    • Visit Delco, PA
    • Elected Officials
    • Job Bank
    • Shop Delco, PA!
  • About Us
    • Our Team
    • Board of Directors
    • Committees >
      • Business Economic & Equity Committee
      • Business Owners Group
      • Government Affairs - Advocacy in Action
      • Veterans & Business
      • YP Committee
    • Facility Rentals
  • Events & News
    • Biz Buzz Blog
    • Chamber Calendar
    • Community Calendar
    • Webinar Archive
    • Nominate
    • Community News
    • Sponsor
    • Host
  • Membership
    • Business Directory
    • JOIN NOW!
    • Why Join?
    • Member Discounts
    • Member to Member Coupons
    • Advertising
    • Send Out a Bid
    • Member Login
    • Testimonials
  • Workforce Development
  • Chamber Foundation
    • History
    • Foundation Board of Directors
    • Get Involved
    • Programs >
      • Leadership Delaware County
      • Magnifying Manufacturing
      • Youth Leadership Academy
  • Local Information
    • COVID-19
    • Advocacy in Action
    • Business Resources
    • County Government
    • Visit Delco, PA
    • Elected Officials
    • Job Bank
    • Shop Delco, PA!

Biz Buzz
CHAMBER BLOG

Fair Labor Standards Act - Law Change Effective Jan 1, 2020

10/28/2019

0 Comments

 
Update Provided By: Susie Cirilli at Paisner Litvin LLP

​As we near the beginning of the end (of 2019), it is crucial that employers account (literally and figuratively) for changes in the law. The Department of Labor announced earlier this year that effective January 1, 2020, the minimum salary for exempt employees will increase to $684 per week ($35,568 annually). This is an $11,908 jump from the current minimum salary of $455 per week ($23,660 annually).

The Federal Regulations afford employers some relief in that up to 10% of the exempt employee’s salary may be paid in the form of a bonus, incentive or commission on a quarterly or annual basis.
​
It is important to remember that salary alone is insufficient for an employee to be exempt from the minimum wage and overtime requirements of the Fair Labor Standards Act. (“FLSA”) The Act provides that employees classified as Professional, Administrative or Executive are exempt, provided that (1) the primary duty of the employee’s work is exempt, and (2) the employee meets the minimum salary amount. The following is a general overview of the primary duties for each exempt employee classification:

Read More
0 Comments

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    September 2021
    August 2021
    July 2021
    June 2021
    April 2021
    March 2021
    February 2021
    December 2020
    November 2020
    September 2020
    August 2020
    July 2020
    June 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    July 2019
    June 2019
    April 2019
    March 2019
    February 2019
    December 2018
    November 2018
    September 2018
    August 2018

    Categories

    All
    Business Owner
    Chamber Membership
    Coronavirus
    Diversity & Inclusion
    Government Affairs
    IT
    Marketing
    Personal Growth

    RSS Feed

Delaware County Chamber of Commerce.  All Rights Reserved.
1001 Baltimore Pike  |  Suite 9 LL  |  Springfield, PA 19064
Phone: (610) 565-3677 |
info@delcochamber.org | sitemap