Trade Show: SHRM Conference & Expo
June 28-30 - Las Vegas, NV
by Jim O'Connell
The U.S. Department of Labor on June 30 proposed new rules that would entitle some 5 million additional workers to overtime pay under the Fair Labor Standards Act.
The most significant regulatory change would be to double the salary level threshold, below which salaried employees are eligible for overtime pay, from the present $23,660 per year to $50,440 in 2016.
The proposed rules, which do not require Congressional approval, represent only the second time in 40 years that the salary level has been updated The Department emphasized that since 1975 an ever smaller proportion of full-time workers had remained eligible for overtime pay. Read more.
In their recent Technology Value Matrix for the first half of 2015, Nucleus Research places Ceridian and our Dayforce HCM application strongly in the Leadership quadrant - and top in usability. Nucleus indicates the certain factors as contributors to Ceridian’s rapid rise and increasing strength in cloud human capital management.
Read the entire analysis of Nucleus for more information about how Ceridian and Dayforce HCM lead the technology value matrix in 2015.