Wage and hour compliance continues to confound employers, large and small, public and private. Few items affect the bottom line of an organization more than the cost of paying employees – including paying overtime. On May 18, 2016, the Department of Labor (“DOL”) significantly changed the already complicated overtime landscape when it released its anxiously-awaited final regulations outlining the new standards employers must follow for “white collar” workers to be considered exempt from overtime obligations of the Fair Labor Standards Act (“FLSA”). With the deadline for implementation of the new regulations set for December 1, 2016, many employers are asking “What should we be doing now?” This presentation will help you answer the question by providing an overview of the overtime exemptions, a detailed examination of the new regulations, and a suggested approach for examining whether changes to employees’ exemption statuses must be made within your organization in light of the new regulations.
DISCLAIMER: (1) the law on the topic presented was current as of the original presentation date, but may have changed since that time. (2) SHRM and HRCI credit is only awarded to attendees of live webinar events. Validity does not offer credit for recorded webinars posted on YouTube.