A recent batch of new state laws in Florida has significant implications for the state's business community and workforce. Four key takeaways from the slate of new laws and regulations have been identified. One notable change affects retired schoolteachers and other public retirees, who no longer need to wait a year before they can return to work and start drawing pension benefits along with their new paycheck.
This removal of the one-year waiting period is a significant benefit for retirees who wish to continue working. Another change affects the state's rules governing outdoor workers. Only the state and federal government, and not cities and counties... are allowed to impose rules on businesses to try to curb heat-related illnesses among outdoor workers.
This means that local governments are no longer able to implement their own rules to protect outdoor workers from heat-related illnesses. The new overtime rule under the Fair Labor Standards Act (FLSA) also has significant implications for Florida employers. As of July 1, full-time executive, administrative, and professional employees may now be entitled to overtime pay if they make less than $844 a week, or $43,888 a year... according to the FLSA.
Highly compensated" employees must now be paid at least $132,964 a year to remain exempt from overtime pay. This significant increase in the threshold for overtime pay could have a substantial impact on businesses that rely on these types of employees. A recent article in the Tampa Bay Times highlights these changes and provides insight into their potential impact on Florida's workforce. According to the article, the new laws and regulations will likely affect employers and employees across the state, "and it is essential for businesses to be aware of these changes to ensure compliance." With these changes, "it is likely that Florida's business community will see significant adjustments in the coming months."
More details: See here
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