Overtime Archives - Patriot Software

Overtime Archives - Patriot Software Mon, 28 Oct 2024 20:11:08 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.patriotsoftware.com/wp-content/uploads/2020/01/cropped-site-favicon-32x32.png Overtime Archives - Patriot Software 32 32 Alabama Overtime Tax Law: Tax Break for Employees, Required Reporting for Employers https://www.patriotsoftware.com/blog/payroll/alabama-overtime-tax-law/ Tue, 24 Sep 2024 13:43:17 +0000 https://www.patriotsoftware.com/?p=67242

Understand the new Alabama overtime tax law that exempts employees' overtime earnings from state income tax. Get the details and reporting requirements for businesses.

]]> New Overtime Rule for 2024: How Will it Affect Your Business? https://www.patriotsoftware.com/blog/payroll/new-salary-threshold-overtime/ Tue, 02 Jul 2024 15:54:00 +0000 https://www.patriotsoftware.com/?p=68150

new overtime rule for 2024 raises the salary threshold.

UPDATE: On June 28, 2024, a Texas court halted the new DOL overtime rule for Texas state employees. The DOL new overtime rule is in effect for all other employees, including private employees in Texas. Keep in mind that continued legal challenges could arise. Starting in July 2024, four million new workers will become entitled […]

]]> What Is Overtime? Details Every Business Owner Needs to Know https://www.patriotsoftware.com/blog/payroll/overtime-as-defined-by-the-flsa/ Thu, 02 May 2024 20:52:00 +0000 https://pslohio.wpengine.com/uncategorized/overtime-as-defined-by-the-flsa/

If you pay employees, you need to know about overtime pay laws and how they can affect your business. So, what is overtime? Dive into everything you need to know about overtime pay below. What is overtime? Overtime wages, or time and a half, are 1.5 times an employee’s regular pay rate for each hour […]

]]> What Is Time and a Half Pay, and Who Qualifies for It? https://www.patriotsoftware.com/blog/payroll/who-qualifies-for-time-and-a-half/ Thu, 02 May 2024 08:41:00 +0000 https://pslohio.wpengine.com/uncategorized/who-qualifies-for-time-and-a-half/

clock ticking with a bright yellow and blue background

If you have nonexempt employees, you have to pay them overtime, or time and a half, for any hours worked over 40 during the workweek. Learn all about time and a half, who qualifies for overtime, and how to calculate it. What does time and a half mean? Again, when an employee works overtime hours, […]

]]> Overtime Laws by State: The Quintessential Employer’s Guide https://www.patriotsoftware.com/blog/payroll/overtime-laws-by-state/ Fri, 31 Mar 2023 20:32:00 +0000 https://www.patriotsoftware.com/?p=49227

man working late at night with lamp light

Failing to pay eligible employees overtime is a wage violation that lands a number of employers in hot water each year. But if you thought federal overtime laws were the end of it, you’re in for a surprise. There are also overtime laws by state you may need to follow. Should you follow federal or […]

]]> Is Overtime Taxed Differently Than Regular Wages? https://www.patriotsoftware.com/blog/payroll/is-overtime-taxed-differently/ Fri, 16 Dec 2022 13:35:22 +0000 https://pslohio.wpengine.com/uncategorized/is-overtime-taxed-differently/

Stressed business owner rubbing bridge of nose.

If you have nonexempt employees, you have to pay them overtime wages whenever they work overtime hours. In each pay period, you need to track employee time worked. Then, at the end of the pay period, you will calculate employee compensation. You will also have to withhold employment taxes. As you are doing payroll calculations […]

]]> Calculating Weighted Overtime for an Employee With Multiple Pay Rates https://www.patriotsoftware.com/blog/payroll/weighted-overtime-multiple-pay-rates/ Thu, 13 Oct 2022 17:54:37 +0000 https://pslohio.wpengine.com/uncategorized/weighted-overtime-multiple-pay-rates/

Do you have an employee who has two or more positions in your business with different pay rates? Does that employee work overtime? If the answers to these questions are yes, you need to know about weighted overtime. Weighted overtime is common in small businesses that pay multiple pay rates to an employee. Learn what […]

]]> Commission Employees and Overtime Rules https://www.patriotsoftware.com/blog/payroll/commission-employees-and-overtime-rules/ Tue, 04 Oct 2022 19:23:06 +0000 https://pslohio.wpengine.com/uncategorized/commission-employees-and-overtime-rules/

To protect employee rights, the Fair Labor Standards Act (FLSA) regulates overtime. But, some employees are exempt from receiving overtime pay. If you offer commission pay to employees, you might be wondering if they are exempt from overtime. What are your responsibilities when it comes to commission employees and overtime? First, you must understand how […]

]]> Holiday Pay and Overtime in the Same Week: How to Handle https://www.patriotsoftware.com/blog/payroll/holiday-pay-overtime-same-week/ Wed, 22 Sep 2021 14:26:55 +0000 https://www.patriotsoftware.com/?p=54152

Employee with reindeer antlers working over the holidays

Here’s a fun little employer riddle: an employee receives a day of holiday pay during a week they already worked 40 hours. Does that employee get overtime? To answer that, you need to know the rules on holiday pay and overtime in same week. Read on to learn: What is overtime? Overtime, also called time […]

]]> Does PTO Accrue on Overtime? What Employers Need to Know https://www.patriotsoftware.com/blog/payroll/does-pto-accrue-on-overtime/ Mon, 28 Jun 2021 13:00:00 +0000 https://www.patriotsoftware.com/?p=53305

Having employees comes with rules from the government. Federal and state laws both provide regulations regarding overtime. And, some states require employers to provide some form of paid time off (PTO). So, how do you calculate PTO, especially if an employee earns overtime? And, does PTO accrue on overtime? Keep reading to find out the […]

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