Are you an EXEMPT employee? or do you have EXEMPT employees? Please be aware of a drastic change in the FLSA salary threshold. Starting January 1, 2020, the FLSA salary threshold will be increasing to $35,568 annually, or $684 weekly. To put things into perspective, the salary threshold for exemption was $23,660 per year, or $455 per week before the overtime rule update.
What that means is, if an employee makes $35,568 or less, they are not exempt from overtime laws. If they work more than 40 hours in a designated workweek, then you are required to pay time and half. Here is an article from Forbes that gives more detail. https://www.forbes.com/sites/mikekappel/2019/12/26/giddy-up-employers-the-new-overtime-rule-is-comin-in-2020/#2e437fcb37a1
Starting in 2020, overtime rules are going to get a little more complicated. Brush up on the new overtime rule and start preparing your payroll before the new year begins.