About the new Labor Law going into effect Dec. 1st
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About the new Labor Law going into effect Dec. 1st
I work for a small business and am paid every two weeks a salary. If I have to
work more than 40 hours a week, I am allowed to take compensation time to make up
for that, which I am very happy about. With the new law, my employer wants to
change my wage from salary to hourly, and my comp time will go away.
Does the new law address this? He is pointing to it as a reason to change the
way we are doing things. I make about 38,000 a year if that makes any
difference.
Thanks
Asked on October 19, 2016 under Employment Labor Law, Colorado
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
The reason it affects you is that the new regulations about overtime, which come into effect at the end of this year, state that salaried employees who earn less than $47,476 per year *must* be paid overtime--it will be the law. That being the case, since at your salary level they'll have to pay overtime, it is easier for them to make you hourly (which will simplify tracking your hours for this purpose) and not give you comp time in addition to the overtime which they will have to pay you anyway.
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