Websection 6(d) of the Fair Labor Standards Act are administered and enforced by the United States Equal Employment Opportunity Commission. § 541.1 Terms used in regulations. Act means the Fair Labor Standards Act of 1938, as amended. Administrator means the Administrator of the Wage and Hour Division, United States Department of Labor. WebApr 3, 2024 · Federal circuit courts and the U.S. Department of Labor have interpreted Title 29 of the Code of Federal Regulations, Section 541.604(a) — which by its terms …
Wisconsin Legislature: 244.41
WebeCFR Content § 541.604 Minimum guarantee plus extras. ( a) An employer may provide an exempt employee with additional compensation without losing the exemption or violating … WebJul 28, 2015 · Section 541.604 of the FLSA regulations expressly allow employers, public or private, to pay their exempt employees “additional compensation” under certain … financial advisor burton on trent
Second Circuit Clarifies Application of the Highly Compensated …
WebOct 10, 2013 · Under section 541.604 (a) an employer may pay additional compensation to an employee without losing the exemption as long as the employee is guaranteed a minimum weekly salary of at least $455 per week. The extra compensation may be paid on any basis, including flat sum, bonus, or a straight-time hourly amount. WebMar 7, 2024 · The FLSA rules provide further guidance on the salary basis test. Under section 541.602 (a), "salary basis" generally means that the employee "receives each pay period on a weekly, or less frequent basis, a predetermined amount. not subject to reduction because of variations in the quality or quantity of the work performed." Web§ 541.604 - Minimum guarantee plus extras. (a) An employer may provide an exempt employee with additional compensation without losing the exemption or violating the … financial advisor burlington ma