A semi-monthly pay method means that employees receive paychecks on two designated dates per month, meaning the number of days in each pay period varies. Use this guide to simplify this sometimes tricky calculation: Calculating Semi-Monthly Overtime
The U.S. Department of Labor announced the new salary threshold for certain employees to qualify as exempt from minimum wage and overtime under the Fair Labor Standards Act’s White Collar Exemptions. Effective December 1, 2016, the new minimum salary level will be $47,476 per year ($913 per week). Up to 10% of this income may …
