SBAR Memo
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From: |
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Date: |
December 24, 2014 |
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Subject: |
Effective January 1, 2015, the federal minimum wage is increasing to $10.10/hr. Every employer is required to pay employees no less than the mandated minimum wage in order to be in compliance with wage and hour laws. Exempt (salaried) staff must be paid two times the minimum wage, so regardless of FTE %, exempt employees must meet the monthly salary requirement of $3,501.33 in order to retain their exemption status.
B (Background)
The Fair Labor Standards Act (FLSA) establishes the minimum wage, overtime pay, recordkeeping and child labor standards affecting workers in the private sector and in Federal, State and Local Governments. Provisions have been made to the Fair Labor Standard Act (FLSA) regarding minimum wage. Employers must comply with the highest standard and strictest law that provides greater protection for employees.
A (Assessment)
Talent Management Services conducted an audit and identified those employees that will be impacted. The employee pay change report will be sent separately to the respective department heads.
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PHASE 2 MINIMUM WAGE IMPLEMENTATION SCHEDULE |
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Entity |
Pay Check Date |
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USS |
January 9, 2015 |
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BMC |
January 9, 2015 |
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CH |
January 9, 2015 |
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MC |
January 9, 2015 |
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LLU |
January 16, 2015 |
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UHC |
January 16, 2015 |
R (Recommendation)
Please notify the respective employees regarding the compensation changes. Talent Management Services will be mailing information to all affected employees.
Questions?
If you have any questions, please contact the following Compensation Representatives:
- Cindy Pinero at ext. 14036 (MC/BMC)
- Leo Alon at ext. 14022 (CH/LLU/USS)
- Kristy Keers at ext. 14174 (UHC)
Thank you for your immediate attention to the minimum wage implementation!