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I stumbled onto this software product because I needed to redo a 2012 - 1099 form. Since then, I've used it for other forms and I LOVE THE SOFTWARE!! I can't tell enough other people how great it is.
2014-08-05
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2022-03-22
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2021-11-29
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2021-09-15
Create Over Salary Notice Feature
The Create Over Salary Notice feature offers a simple way for businesses to manage salary adjustments and communicate changes to employees. This tool streamlines the notification process, ensuring that employees receive accurate and timely information about their compensation adjustments.
Key Features
Generate customized salary notices in seconds.
Track and manage all salary adjustments in one place.
Ensure compliance with company policies and regulations.
Send notifications through various channels such as email and print.
Potential Use Cases and Benefits
Notify employees of annual raises or bonuses.
Communicate salary changes during performance reviews.
Provide documentation for salary adjustments due to promotions.
Simplify the onboarding process for new hires with clear compensation details.
This feature solves the problem of unclear communication regarding salary changes. By using the Create Over Salary Notice, you can ensure that employees understand their compensation adjustments, which promotes transparency and trust within your organization. This tool not only saves time but also reduces errors, improving overall satisfaction among your workforce.
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What is the new salary threshold?
The new salary threshold means that currently exempt employees who receive a salary of less than $35,568, in most cases, will become nonexempt employees in 2020. Employers have three months to properly classify their employees under the new standards to ensure compliance with the Fair Labor Standards Act (FLEA).
What is the minimum for salaried employees?
The minimum salary requirement for exempt employees according to the Fair Labor Standards Act (FLEA) is $23,600 per year or $455 per week. However, the exempt salary minimum alone does not classify an employee as exempt. Salary level is one of three tests used to determine employee exempt status.
Are there labor laws for salaried employees?
Under California employment law, salaried employees can be classified as exempt or non-exempt. Exempt salaried employees may not be eligible for overtime. However, employers have to pay salaried exempt employees at twice the minimum hourly wage based on a 40-hour workweek.
What is the minimum salary for exempt employees 2019?
12, 2019.) Through the end of 2019, most white-collar exempt employees must be paid at least $455 per workweek, which annualized to $23,660. The new rule, which will take effect on Jan. 1, 2020, raises this minimum salary threshold to $684 per workweek, which annualized to $35,568.
Is there a limit to how many hours a salaried employee can work?
The federal law doesn't restrict how many hours you can be required to work in a day, although some state laws do. Hourly employees and non-exempt salaried employees must be paid overtime if they work more than 40 hours in a week. A week is defined as a fixed time period of 168 hours, or seven consecutive 24-hour days.
What is the new law for salary employees?
The new rule requires that exempt salaried employees must be paid at least $684 per week, or $35,568 annually. Employees who do not meet this salary level must be classified as non-exempt, and be paid overtime for all hours worked over 40 in a workweek. Employers have two compliance options: Raise Salary.
What is the minimum salary 2020?
California State Minimum Wage On January 1, 2020, California's statewide minimum wage will increase to $13 per hour for employers with 26 or more employees and $12 per hour for employers with 25 or fewer employees. This latest increase will move California one step closer to its goal of a $15 per hour minimum wage.
Is there a new minimum wage for 2020?
The minimum wage is scheduled to increase to $15.00 on July 1, 2020. The minimum wage for tipped employees is $4.45, and is scheduled to increase to $5 per hour on July 1, 2020. Starting in 2021 both wage rates will be adjusted based on inflation.
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