The United States Department of Labor (DOL) published details regarding changes to the Fair Labor Standards Act (FLSA) overtime rules. While the job duties component of overtime eligibility will remain the same, the thresholds for the salary tests have changed significantly. The changes will make an estimated 4.2 million workers eligible for overtime pay effective on December 1, 2016.
To help businesses better understand the proposed rules and learn more about how to remain compliant and manage labor costs, ADP® has created online calculators designed to provide a simple assessment of the annual impact at the federal level of paying overtime versus raising salaries to meet the new salary threshold of $47,476 per year. One of two calculators estimates this for the organization as a whole; the second helps employers view options for an individual employee, including an estimated cost-neutral wage based on the overtime that person works.
FLSA Overtime Calculator
How will new FLSA overtime regulations impact your business?
Find out what financial impact the new overtime rules will have on your business, and what you can do to manage your labor costs.
Launch the Calculator