{"id":720,"date":"2023-01-10T09:00:24","date_gmt":"2023-01-10T00:00:24","guid":{"rendered":"https:\/\/www.clo.jp\/wp\/?post_type=column&p=720"},"modified":"2023-03-01T09:14:12","modified_gmt":"2023-03-01T00:14:12","slug":"720","status":"publish","type":"column","link":"https:\/\/www.clo.jp\/english\/column\/720\/","title":{"rendered":"Heads up, Small Firm Managers: Your Exemption from Paying Extra Overtime Is About to End"},"content":{"rendered":"

Heads up, Small Firm Managers:
\nYour Exemption from Paying Extra Overtime Is About to End<\/p>\n

January 10, 2023<\/p>\n

Yugo Kobayashi, Attorney<\/p>\n

E-mail\/kobayashi_y@clo.gr.jp<\/p>\n

I. Introduction<\/p>\n

Under the Labor Standards Act, the minimum rate by which wages must be increased for overtime work beyond 60 hours a month (\u201c60+ Overtime\u201d) 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 (\u201cSMEs\u201d) . However, SMEs too will be subject to this new requirement in the not-too-distant future, namely, starting from April 1, 2023.<\/a><\/p>\n

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 (sh\u016bgy\u014d-kisoku). This article comments on selected matters concerning the requirement to pay increased overtime rate for 60+ Overtime (\u201cPremium Rate\u201d) by SMEs.<\/a><\/p>","protected":false},"author":1,"featured_media":0,"template":"","class_list":["post-720","column","type-column","status-publish","hentry"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t