Friday, May 20, 2016

FLSA New Overtime Regulations Apply in Hawaii?

(See Sept 5, 2017 post for an update on this issue.)
Do the New FLSA Overtime Regulations Apply in Hawaii?
 Yes for employers or employees subject to the Fair Labor Standards Act (FLSA).  Generally, employers with an Annual Dollar Volume (ADV) of at least $500,000 or engage in interstate commerce are subject to FLSA.
 
Probably not for smaller businesses that gross under one-half million dollars and limit their business to Hawaii.

What are the new FLSA overtime regulations/rules?
The regulations have increased the salary thresholds from $455 per week to $913 per week  for eligibility to be exempt from overtime .  Good for employees, more expensive for employers because any executive, administrative, or professional employees that may have been exempt from overtime may not be unless their salary is at least $913 a week.  Those previously exempt with salaries less than $913 week, will now be eligible for overtime for hours worked after 40 hours a week.

When are the  new regulations in effect?
The new rules won't be in effect until Dec. 1, 2016.  So you have six months to figure it all out.

Where can I learn more about it?
The US DOL is having some webinars to help people understand what this means to them.  The webinars are early 7 a.m. Hawaii Standard Time, and they are free.  Register here:
https://www.dol.gov/whd/overtime/final2016/webinars.htm

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