Compliance & Policies for Compensation
The benefited staff compensation program is designed to provide salary opportunities that are market competitive and internally equitable to enable DU to attract, retain, and engage our workforce. Guidelines are established to ensure consistency, transparency, and a sustainable compensation program into the future. Our compensation guidelines are a useful resource for business officers and supervisors in determining the compensation for a new role, and making compensation decisions for current employees.
View Compensation Guidelines Below:Compensation Guidelines
Federal & State Regulations
Click below to review the latest updates regarding State and Federal laws regarding compensation and wages:
New Fair Labor Standards Act Rule for White-Collar Job Exemptions from Overtime Pay – March, 2019
In 2019, the Department of Labor (DOL) proposed updates to the regulations governing the exemption of executive, administrative, and professional employees from the minimum wage and overtime pay protections of the Fair Labor Standards Act of 1938 (FLSA).
FLSA is the federal law that establishes minimum wage, overtime pay eligibility, record-keeping, and child labor standards affecting full-time and part-time workers in the private sector and in federal, state, and local governments.
The DOL published a notice of proposed rule-making on March 7, 2019. The new minimum salary threshold to be eligible for overtime pay has been set at $35,568 per year. The previous threshold was $23,660 annually. This means that employees paid up to $35,308 can be eligible for overtime pay.
What This Means for DU
The new rule changes the federal guidelines for overtime pay requirements under FLSA for higher education institutions along with all other organizations. As with most federal regulations, it will take time to fully understand the impact of this rule. So, while it's too soon to talk about specific impacts to individual positions within units, we will be meeting with division/unit leaders and sharing information as it relates to their units.
Here are some articles and websites that give you some idea of the complexity around this change while helping you understand it better.