Why Texas Employers Should Review Their Pay Practices to Ensure ...

Nov 11, 2024 · Private employers in Texas must still adjust their pay practices in accordance with the new DOL regulations. The Overtime Pay Exemption for Salaried Employees. The federal Fair Labor Standards Act (FLSA) requires most US employers to pay overtime to employees who …

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Employers Should Review Their Pay Practices For The New Year

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Jan 7, 2022 · For existing contracts, the rate rose to $11.25 per hour on Jan. 1. However, for new, renewed and extended contracts, the minimum hourly rate will be $15 starting Jan. 30. Merrill …

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Overtime For Salaried Employees In Texas | 2024 - Jibble.io

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2 days ago · Divide the weekly salary by the standard hours worked. $900 ÷ 40 = $22.50/hour. Calculate the overtime rate. Multiply the regular hourly rate by 1.5 to determine the overtime …

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FAQs about Why Texas Employers Should Review Their Pay Practices to Ensure ... Coupon?

Does Texas have a pay equity law?

Yes, in 2015, Texas passed the Texas Pay Equity Law (HB 2462), which prohibits employers from retaliating against employees who discuss their wages with others and bans employers from prohibiting employees from discussing their wages. ...

Does Texas have a Pay Transparency Law?

While Texas has not passed a pay transparency law, employers located in Texas may still be subject to other jurisdictions’ pay transparency laws due to remote employees working in a jurisdiction with a pay transparency law or because the employer advertises positions in a jurisdiction with a pay transparency law. ...

What percentage of employees adjust their pay after a pay equity review?

Of those organizations, 83% adjusted employees’ pay following a pay equity review, according to new survey data from the Society for Human Resource Management (SHRM). Fair and competitive pay is essential for employers to attract and retain talent in a tight job market. ...

Do You critically examine your compensation policies & practices?

Now that most employers have implemented their year-end compensation decisions, it’s time to ask whether you critically examined your compensation policies and practices to ensure that, moving forward, pay inequality does not persist among individuals with substantially equal job duties. Questions you should have considered include: ...

Is there a minimum percentage of equal pay in Texas?

No, there is no minimum percentage that must be paid to women or minorities under Texas’s equal pay laws. However, employers are prohibited from discriminating against employees on the basis of their gender or minority status in terms of pay and benefits. 20. ...

What is the Texas Pay Equity Act (tpea)?

The Texas Pay Equity Act (TPEA) is a law that was passed in 2013 which prohibits employers from discriminating against employees based on sex by paying them differently for substantially similar work. The TPEA also protects against retaliation for those who file complaints related to pay equity. 3. ...