WebDepartment of Labor. Many additional answers to questions not addressed here may be obtained from other materials on this website or by calling the Department at 207-623-7900. Depending ... Fluctuating workweek overtime pay agreements are a way to comply with overtime requirements. The employee’s salary amount is meant to cover all hours ... WebDepartment of Labor. Many additional answers to questions not addressed here may be obtained from other materials on this website or by calling the Department at 207-623 …
29 CFR § 778.114 - Fluctuating Workweek Method of …
WebJan 2, 2024 · A seldom-used alternative method for calculating overtime pay of employees with fluctuating workweeks may soon receive greater attention from employers if the U.S. Department of Labor follows through WebDec 5, 2024 · Submitted online December 5, 2024, via regulations.gov. Amy DeBisschop Director, Division of Regulations, Legislation, and Interpretation Wage and Hour Division (WHD) U.S. Department of Labor, Room S-3502 200 Constitution Avenue NW Washington, DC 20240 Re: Fluctuating Workweek Method of Computing Overtime … in which country is the city of lahti located
The FLSA Fluctuating Workweek: What Is It?
WebAug 4, 2016 · The Fair Labor Standards Act (FLSA) permits employers to pay non-exempt employees under a fluctuating workweek method, which basically means the employer pays a fixed salary for all hours worked, whether an employee works less than 40 hours or more than 40 hours a week. This allows the employer to then pay one-half the regular … WebThis employee’s total pay due, including the overtime premium, for the workweek can be calculated as follows: (35 hours x $12) + (10 hours x $15) = $570 base pay. $570 / 45 total hours = $12.67 regular rate of pay. $12.67 x 0.5 = $6.34 overtime premium rate. $6.34 x 5 overtime hours = $31.70 total overtime premium pay. WebApr 14, 2024 · As a result, the “fluctuating workweek” method of computing overtime (see 29 C.F.R. § 778.114) is unavailable. As under the FLSA, employers may treat salaries … in which country is the deming prize awarded