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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...

    April 23, 2024 at 1:04 PM. By Daniel Wiessner. (Reuters) - The administration of U.S. President Joe Biden on Tuesday unveiled a rule extending mandatory overtime pay to an estimated 4 million ...

  3. Where's my paycheck? How pay periods break down by industry - AOL

    www.aol.com/wheres-paycheck-pay-periods-break...

    A biweekly pay system is one where employees receive their pay every other week, amounting to 26 paychecks annually. A semimonthly pay schedule is one where employees receive one paycheck in the ...

  4. Biden Extends Overtime Pay to Over 4 Million US Workers ... - AOL

    www.aol.com/biden-extends-overtime-pay-over...

    The July change would make an additional 1 million workers eligible to receive time-and-a-half wages for each hour they put in beyond a 40-hour week, USA Today reported. On January 1, 2025, the ...

  5. 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 ...

  6. Salary - Wikipedia

    en.wikipedia.org/wiki/Salary

    In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.

  7. Minimum wage in the United States - Wikipedia

    en.wikipedia.org/wiki/Minimum_wage_in_the_United...

    Federal laws. The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.

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