Friday, July 3, 2026Labor & Employment Law
Employment Law Information Networklocated at elinfonet.com since 2001Articles Discussing Holiday Pay, Gifts and Bonuses Under The FLSA.
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On May 28, 2026, the U.S. Department of Labor's Wage and Hour Division (DOL) issued an opinion letter confirming that certain types of bonus plans structured as revenue-based bonus pools do not require employers to retroactively recalculate nonexempt employees' regular rates of pay and recompute overtime after the bonus is paid.