Problem on salary threshold legislation review

Assignment Help Accounting Basics
Reference no: EM131825652

Question: Salary Threshold Legislation Review

FLSA - On December 1st, the federal annual salary threshold for employees exempt form overtime pay will double, increasing to $47,476 from $23,660. Employees who make less than the threshold must be paid time-and-a-half for any hours worked beyond the 40-hour workweek. Many employers will not be able to increase salaried employees' pay to the new higher amount so those employees will become non-exempt.

Answer the following questions in a total of 525 to 700 words:

• How can employers deal with employees that may feel hurt and underappreciated when they are switched to non-exempt.

• What will the recruiting challenges be?

• What will the work-life balance challenges be? (telecommuting, flexibility)

Reference no: EM131825652

Questions Cloud

What is the price of put option with same exercise price : If the risk-free rate of interest is 3.5 percent per year, compounded continously, what is the price of a put option with the same exercise price?
Compare the means and dispersions in the two firms : The mean was $129,000 and the standard deviation $8,612. Compare the means and dispersions in the two firms.
Sections of basic statistics : The Department of Statistics at Western State University offers eight sections of basic statistics. Following are the numbers of students enrolled
Federal reserve changed the reserve requirement : What would the effect be if the Federal Reserve changed the Reserve Requirement to 9%?
Problem on salary threshold legislation review : FLSA - On December 1st, the federal annual salary threshold for employees exempt form overtime pay will double, increasing to $47,476 from $23,660.
Compute an appropriate measure of central location : Compute an appropriate measure of central location for the variables wind direction, temperature, and pavement.
Write a discussion of what appears to be valid or invalid : Write a discussion of what appears to be valid or invalid in the article. Also, be sure to include an APA reference to your article.
Scores on test for the applicants : For the general population, the mean on this test is 100. Below are the scores on this test for the applicants.
What is its inventory turnover ratio and its cost of goods : An auto parts store has Inventory of $500,000 and days' sales in inventory of 50 days. What is its inventory turnover ratio, and its cost of goods sold?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Value common stock issued and outstanding

Dillon Corporation splits its common stock 2 for 1, when the market value is $40 per share. Prior to the split, Dillon had 50,000 shares of $10 par value common stock issued and outstanding. After the split, the par value of the stock:

  Interpreting inflationary expectations

nterpreting Inflationary Expectations If investors in the United States and Canada require the same real interest rate, and the nominal rate of interest is 2 percent higher in Canada, what does this imply about expectations of U.S. inflation and C..

  Computing wages and salaries and preparing a payroll

In the Continuing Payroll Problem A, presented at the end of succeeding chapters, you will gain experience in computing wages and salaries and preparing a payroll register for Kipley Company, Inc., a newly formed corporation.

  What is the ending cash balance for the quarter

What is the budgeted production for the quarter in term of number of units

  Discuss what is the taxable income debbie and betty

What is the taxable income Debbie and Betty must each report from the partnership for the year

  Budget planning and control

Use the Internet and / or Strayer databases to research budget planning and control. Imagine that the company that you currently work for, have previously worked for, or would like to work for in the future has tasked you with preparing a budget p..

  What amount will be reported on jake payment

What amount will be reported on Jake's 2017 PAYG payment summary (under the heading "reportable employer superannuation contributions")?

  Multiple regression model for the variables

Ticket prices, part 2. Here's a multiple regression model for the variables considered in Exercise 12:7 Dependent variable is: Receipts($M)

  A department store using the conventional retail inventory

fuque inc. uses the retail inventory method to estimate ending inventory for its monthly financial statements. the

  Describe the reason for the journal entry

"Roger was the controller for a midsize soft drink bottler and distributor. Roger perpetrated a very simple skimming scheme.

  Calculate the minimum annual cash savings

Calculate the minimum annual cash savings that must be realized for the project to earn a rate equal to the firm's cost of capital.

  Summarize the operating performance of uncle joe

Using the information provided above, breifly summarize the operating performance of Uncle Joe's relative to its benchmark competitors.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd