The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax ...
In an era where accurate overtime calculation is crucial for fair compensation and legal compliance, Workstatus introduces its state-of-the-art Overtime Calculator, revolutionizing how businesses ...
The U.S. Department of Labor’s Wage and Hour Division (DOL) recently issued Opinion Letter FLSA2026-2 confirming that ...
The U.S. Department of Labor last month increased the salary thresholds for the Fair Labor Standards Act white-collar exemptions from overtime pay requirements. On July 1, the minimum annual salary ...
Employers may calculate the regular rate of pay for employees paid on a piece-rate basis — i.e., those paid per unit of production rather than a period of time — by dividing the employees' earnings by ...
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How to calculate gross and net pay
In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...
The U.S. Department of Labor also addressed exemptions for learned professionals and commission-earning employees under the Fair Labor Standards Act.
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