SimpleHR Updates & Events

Salary Threshold Deadline - July 1, 2024 – Effective July 1, the Department of Labor (DOL) will increase the minimum salary threshold for exempt employees due to their new overtime rule. The final rule requires that salaried workers who earn less than $43,888 ($844 per week) be eligible for overtime pay. Any employees who were considered Exempt prior to July 1, 2024, but do not meet the new threshold MUST either have their salaries adjusted to the new minimum salary threshold or have their FLSA classification changed to NON-EXEMPT status.

Should you elect to make a change in status to non-exempt, the employee will now be eligible for overtime pay for all hours worked over 40 in a workweek. For assistance regarding this updated regulation, please contact the SimpleHR Human Resources Department or your Payroll Coordinator at: (850) 650-9935.

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2023 W-2 Information – W-2 Forms for the 2023 year have been sent to employees via U.S. mail to the current mailing address that we have on file for the employee. Active employees of active SimpleHR clients can view, download and print the form under Employee Self Service.

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Mileage Rate Increase – The IRS Business Mileage Reimbursement rate has been increased from 65.5 to 67 cents per mile. New rates are effective for transportation expenses paid or incurred beginning January 1, 2024.