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What Employers Need to Know About the “Executive” Exemption Under the Federal Fair Labor Standards Act (FLSA)

Jimerson Firm

The Fair Labor Standards Act (FLSA) provides important protections for American workers, ensuring they receive fair compensation for their labor. One common category of exempt employees is the “executive” employee, who maintain certain managerial roles and responsibilities. B&R Supermarket, Inc., B&R Supermarket, Inc.,

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Department of Labor Issues New Proposed Rule on Independent Contractors

Fraser

The US Department of Labor recently issued a Notice of Proposed Rulemaking that, if adopted, would change the standard for analyzing a worker’s classification as either an employee or independent contractor. Silk, 331 U.S. 704, and Rutherford Food Corp. McComb, 331 U.S.

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Department of Labor Retains Independent Contractor Test

Fraser

Department of Labor (DOL) issued a “final rule,” to become effective in March of this year, changing the decades-longstanding independent contractor test under the Fair Labor Standards Act (“FLSA”). In January 2021, during the last days of the Trump administration, the U.S. IRS Test Remains Unchanged, Also.

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Department of Labor Releases Final Rule for Tipped Employees

Burr Forman

Tip Credits under the Fair Labor Standards Act. The Fair Labor Standards Act (“FLSA”) generally permits employers to pay tipped employees less than the minimum hourly wage, provided that the tips the employee receives are at least equal to the difference between the required cash wage (which must be at least $2.13

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The revised pricing reduces the interest rate spread on tax-exempt notes for each credit rating category by 50 basis points, and reduces the amount by which the interest rate for taxable notes is adjusted relative to tax-exempt notes. The FAQs explain what types of loans are covered, payment transfers, and payment notices.

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U.S. Added 223,000 Jobs in December, a Slight Easing in Pace

Collection Industry News

economy produced jobs at a slower but still comfortable rate at the end of 2022, as higher interest rates and changing consumer habits downshifted the labor market without bringing it to a halt. economy is slipping into recession, nobody told the labor market,” said Chris Varvares, co-head of U.S. If the U.S. Wage growth eased to 4.6

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State of Alabama Passes Law Governing COVID-19 Vaccine Exemption Requests

Burr Forman

If the employee falls into one of the categories above and would like to request an exemption, the employee is required to complete an exemption form, sign it, and have it signed by the employee’s health care provider (if applicable for a medical exemption). The provisions of the law are immediately effective. Appeal Process for Employees.