FLSA Basics: Its Impact on You Objectives Define new Department of - - PowerPoint PPT Presentation

flsa basics its impact on you objectives
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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


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FLSA Basics: Its Impact on You

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SLIDE 2

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

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SLIDE 3

Fair

F

Labor

L

Standards

S

Act

A

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FLSA Changes

NEW $47,476 OLD $23,660

Effective December 1, 2016 Previous to December 1, 2016

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(Video from k-state.edu/flsa)

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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

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SLIDE 7

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

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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.

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What are employee and supervisor responsibilities?

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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
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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

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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

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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)

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Overtime Compensation Agreement for Non-Exempt Employees (PER-34)

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Overtime example

Workweek Sun Mon Tues Wed Thurs Fri Sat Total REG 8 8 10 8 6 40 CME/ OTP 2 2

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Holiday example

Thanksgiving Holiday Sun Mon Tues Wed Thurs Fri Sat Total REG 8 8 8 24 HDC 8 8 16

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Thanksgiving Holiday – Additional Hours Worked Sun Mon Tues Wed Thurs Fri Sat Total REG 8 8 9 25 HDC 8 8 16

Holiday Example

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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

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Leave

Leave Accrual based on paid time Obtain prior approval for leave Ask department how to request leave

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Employee Records Daily Supervisor Approves Submit on payday

  • r as directed

Timelines Employee & Supervisor

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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

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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.

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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

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? ? Questions ? ?