Organizations impacted by the new DOL regulation requiring salaried staff earning under $47,476 to be paid overtime after December 1st if they work more than 40 hours a week, should consider using myMITC Web Timesheets for salaried staff if traditional clocking-in by phone, biometric, or web in real-time is not appropriate.
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myMITC allows employees to:
- Enter a timesheet at any time during the pay period
- Unlimited number of entries
- Track job/clients they worked with
- Enter service codes for billing
- Includes auto-fill and other productivity tools to make completing the timesheet as easy and quick as possible
MITC Payroll Rules Engine calculates overtime for these employees in multiple DOL compliant ways including fluctuating or “Chinese” overtime. Organizations need to evaluate which overtime method will deliver the best result for their organization. Fluctuating overtime is the lowest cost option for many.