FLSA Basics: Its Impact on You Objectives Define new Department of - - PowerPoint PPT Presentation
FLSA Basics: Its Impact on You Objectives Define new Department of - - PowerPoint PPT Presentation
FLSA Basics: Its Impact on You Objectives Define new Department of Labor requirement Address benefits of the new overtime rule Clarify employee/supervisor responsibilities regarding time keeping Understand the importance of
Objectives
- Define new Department of Labor requirement
- Address benefits of the new overtime rule
- Clarify employee/supervisor responsibilities regarding time keeping
- Understand the importance of tracking time and
requesting/reporting leave
- Identify resources available to enhance understanding of
Department of Labor requirement
Fair
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Labor
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Standards
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Act
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FLSA Changes
NEW $47,476 OLD $23,660
Effective December 1, 2016 Previous to December 1, 2016
(Video from k-state.edu/flsa)
FLSA Classifications
Non-Exempt
Eligible for overtime after 40 hours WORKED within the workweek
Exempt
Paid same salary amount whether worked 40 hours
- r more within the
workweek
How does the new rule benefit me?
Choose your Work/Life Balance Time over 40 hours worked = additional compensation Department of Labor’s commitment to employees
FLSA Determination
Human Capital Services – Compensation and Organization Effectiveness makes the FLSA determination based on Department of Labor (DOL) regulations. Additional information on DOL regulations can be found on the Human Capital Services website.
What are employee and supervisor responsibilities?
Employee Responsibilities
Record Time
- Beginning with November 20, 2016 pay period record time worked
- Follow department timekeeping process
Request & Record Leave
- Obtain prior approval for time off and schedule adjustments
- Record leave following department process
Adhere to Timelines
- Each workweek runs from Sunday @ 12:01 a.m. through Saturday @ midnight
- Follow department timekeeping timelines
Time and leave is recorded in quarter hour increments.
Recording Time and Leave
Minutes Worked Hours Recorded 00-07 0.00 08-22 .25 23-37 .50 38-52 .75 53-67 1.00
Report Actual Hours Worked
Example: Rearranged Schedule with Supervisor’s Permission Sun Mon Tues Wed Thurs Fri Sat Total 8 8 10 8 6 40
Compensatory Time vs. Overtime Pay
Compensatory Time
Eligible for comp time after 40 hours WORKED within the workweek Awarded at 1.5 times the hours worked
42 hours worked in week 2 hours x 1.5 = 3 hours comp time
Overtime Pay
Eligible for overtime pay after 40 hours WORKED within the workweek Awarded at 1.5 times the hourly rate
42 hours worked in week 2 hours (1.5 x hourly rate)
Overtime Compensation Agreement for Non-Exempt Employees (PER-34)
Overtime example
Workweek Sun Mon Tues Wed Thurs Fri Sat Total REG 8 8 10 8 6 40 CME/ OTP 2 2
Holiday example
Thanksgiving Holiday Sun Mon Tues Wed Thurs Fri Sat Total REG 8 8 8 24 HDC 8 8 16
Thanksgiving Holiday – Additional Hours Worked Sun Mon Tues Wed Thurs Fri Sat Total REG 8 8 9 25 HDC 8 8 16
Holiday Example
Sick/Vacation Leave & Additional Hours Worked Sun Mon Tues Wed Thurs Fri Sat Total REG 8 8 9 25 SCK/ VAC 8 7 8 16 15
Example
Leave
Leave Accrual based on paid time Obtain prior approval for leave Ask department how to request leave
Employee Records Daily Supervisor Approves Submit on payday
- r as directed
Timelines Employee & Supervisor
Common Earnings Codes
CME - Compensatory Time Earned (1.5) CMT - Compensatory Time Taken DDY - Discretionary Day FNL - Funeral Leave HDC - Holiday Credit HCP - Holiday Compensatory Time Earned (1.5) HDP - Holiday Pay (1.5) JRY - Jury Duty REG - Regular Earnings OTP - Overtime Paid (1.5) SCK - Sick Leave VAC - Vacation Leave
Where Can I Find Information?
Human Capital Services
http://www.k-state.edu/hcs/
Department of Labor
www.dol.gov/whd/flsa
Who can I contact for Questions?
HCS Department Liaison Your Supervisor HCS Compensation team at HRComp@k-state.edu.
Timeline: U.S. Department of Labor is changing the Fair Labor Standards Act (FLSA). Compliance deadline December 1, 2016 … K-State Effective Date November 20, 2016