Department of Labor Issues Final Rule on Calculating ‘Regular Rate’ of Pay

Department of Labor Issues Final Rule on Calculating ‘Regular Rate’ of Pay

SHRM Lisa Nagele-Piazza, J.D., SHRM-SCP

Employers now have more clarity and flexibility about which perks they can include in workers’ “regular rate” of pay, which is used to calculate overtime premiums under the Fair Labor Standards Act. The U.S. Department of Labor announced a final rule today that will take effect Jan. 15, 2020. Read more on SHRM HERE

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