WebSep 1, 2024 · Under Colorado’s new law, customer non-solicitation covenants are only enforceable against workers who earn 60% of the “highly compensated” threshold. …
Fact Sheet #17D: Exemption for Professional Employees Under the ... - DOL
WebOct 2, 2024 · In addition to raising the salary cutoff for exempt workers, the new rule raises the threshold for highly compensated employees from $100,000 a year to $107,432 (of which $684 must be paid weekly on a salary or fee basis). The FLSA’s overtime requirements change for employees whose total compensation is at least $100,000 a year. WebThe Division of Labor Standards and Statistics refers to the Colorado Overtime and Minimum Pay Standards Order ("COMPS Order") #38 to answer questions about … human blue rainbow friends
Exempt Employees: Minimum Salary Requirements for 2024
Under the Colorado Wage Act, vacation pay is considered wages, and unused vacation pay must be paid to employees upon separation. In recent years, there was some confusion about whether and when an employee’s unused vacation pay could be forfeited. However, this is now clear – once vacation pay is … See more Colorado requires paid sick and safe leave and public health emergency leave under its Healthy Families and Workplaces Act (HFWA), which became effective in 2024. We previously discussed employers’ obligations under this … See more The regular rate of pay “means the hourly rate actually paid to employees for a standard, non-overtime workweek.” It “includes all compensation paid to an employee, including set hourly rates, shift differentials, … See more The new rules clarify employers’ HFWA recordkeeping requirements. Employers must maintain and provide, upon an employee’s request, the current amount of paid leave the employee (1) has available and (2) has already … See more Colorado has a new exemption from minimum wage and overtime rules for highly compensated employees (HCE). The exemption largely tracks the FLSA’s HCE exemption, but there are some differences. First, … See more WebMay 17, 2024 · "Highly compensated employees" in 2024 are those earning $101,250 per year or more. This figure will be indexed to the threshold set by the Colorado … WebOct 27, 2024 · Proposed COMPS Order #38 Adds Highly Compensated Employee Exemption, Rules for Agricultural Workers, Other Clarifications ... The proposal contains … holistic doctors in tucson az