Heads up, 무료 포커 사이트 Your Exemption from Paying Extra Overtime Is About to End
Heads up, 무료 포커 사이트
Your Exemption from Paying Extra Overtime Is About to End
January 10, 2023
Yugo Kobayashi, Attorney
E-mail/kobayashi_y@clo.gr.jp
I. Introduction
Under the Labor Standards Act, the minimum rate by which wages must be increased for overtime work beyond 60 hours a month (“60+ Overtime”) is set at 50% (Lab. Stands. Act, art. 37, para. 1). This relatively new requirement was introduced through a series of revisions recently made to the Labor Standards Act, along with a temporary exemption for small and medium-sized enterprises (“SMEs”) . However, SMEs too will be subject to this new requirement in the not-too-distant future, namely, starting from April 1, 2023.
If you are running an SME, you may need to take some steps to comply with the above-mentioned requirement, for example, by amending the rules of employment (shūgyō-kisoku). This article comments on selected matters concerning the requirement to pay increased overtime rate for 60+ Overtime (“Premium Rate”) by SMEs.