Employer Child and Elder Care Support: Overtime Pay Exclusions
This act aims to make it easier for employers to offer child and elder care support. Under the new rules, the value of care services or reimbursements provided by an employer will not be included when calculating overtime pay. This means employers can offer such benefits without increasing their overtime costs, potentially encouraging more widespread support for employees balancing work and family life.
Key points
The value of child or dependent care services provided by an employer will not be included in overtime pay calculations.
Payments or reimbursements for child or dependent care services from an employer will also be excluded from overtime pay calculations.
These changes are intended to encourage employers to offer care support, potentially helping employees manage family responsibilities.
Status:
Expired
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