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  2. Biden rule grants overtime pay to 4 million US workers - AOL

    www.aol.com/news/biden-rule-grants-overtime-pay...

    The administration of U.S. President Joe Biden on Tuesday unveiled a rule extending mandatory overtime pay to an estimated 4 million salaried workers, going even further than an Obama-era rule ...

  3. Overtime rate - Wikipedia

    en.wikipedia.org/wiki/Overtime_rate

    Overtime rate is a calculation of hours worked by a worker that exceed those hours defined for a standard workweek. This rate can have different meanings in different countries and jurisdictions, depending on how that jurisdiction's labor law defines overtime. In many jurisdictions, additional pay is mandated for certain classes of workers when ...

  4. A ban on noncompetes and expansion of overtime: What ... - AOL

    www.aol.com/news/ban-noncompetes-expansion...

    If they do, you can report a violation by emailing noncompete@ftc.gov. The overtime threshold will increase twice in the coming months: to $43,888 on July 1 and to $58,656 on Jan. 1, 2025. The cap ...

  5. How US changes to 'noncompete' agreements and overtime pay ...

    www.aol.com/news/us-changes-noncompete...

    WHAT ABOUT THE NEW OVERTIME RULES? Starting July 1, employers of all sizes will be required pay overtime — time and a half salary after 40 hours a week — to salaried workers who make less than ...

  6. Payroll - Wikipedia

    en.wikipedia.org/wiki/Payroll

    A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. [1] Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously ...

  7. Retroactive overtime - Wikipedia

    en.wikipedia.org/wiki/Retroactive_overtime

    Retroactive overtime ( ROT) is an additional amount of money that is awarded when an employee has a combination of overtime and an additional amount of money, such as a commission or a bonus that is guaranteed based upon work requirements. Overtime is required to qualify for retroactive overtime. So, if a salesperson receives a commission, but ...

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