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DOL's Final Overtime Exemption Rule Released for 2020: What the Changes Mean for Your Organization
- Practical steps to take before the rules take effect
- The difference between the new DOL rule on overtime exemptions and the Obama-era proposal concerning white-Collar exemptions, salary basis and more
- How the proposed rule will affect highly compensated employees
- How often the DOL anticipates it will update the salary level
- How the DOL intends to handle the issue of automatic updates
- How bonuses will factor into the salary threshold for exemption
- Practical steps to either reduce the increase in overtime or to stay under the DOL's radar
Overview of the webinar
It's finally happened! The long wait is over. The United States Department of Labor just released its new overtime exemption rules; they've been finalized and will take effect January 1, 2020. For many employers that means that many of the positions it had previously classified as exempt from overtime requirements will not be any longer - unless these employees receive a salary increase equal to or greater than the new salary threshold. The new salary rules are expected to impact at least a million workers nationwide and to result in a significant increase in the number of employees who will be eligible for overtime pay.
In this webinar, we will discuss the new rules. In particular, we will discuss which jobs and which employers are likely to be impacted and what to do now in order to comply with the Fair Labor Standards Act. Objectives of the Presentation are:
- Understand which positions are targeted by the new rules
- Understand the difference between exempt v non-exempt positions
- Understand how reclassification may affect employees formerly classified as exempt
- Recognize the proposed changes and their potential impact
Who should attend?
- Payroll Professionals
- HR professionals
- Managers
- Compliance officers
- Audit staff
- Budget personnel's
- Attorneys
- Controllers
- Compensation Analysts
Why should you attend?
Penalties for non-compliance with the FLSA's overtime rules can be severe. Non-compliant employers can face a DOL audit, a lawsuit or even an administrative charge.
Attend the webinar to know which jobs and which employers are likely to be impacted and what to do now in order to comply with the Fair Labor Standards Act.
Faculty - Ms.Janette Levey Frisch
Janette Levey Frisch, Founder of The EmpLAWyerologist Firm, has over 20 years of legal experience, more than 10 of which she has spent in Employment Law. It was during her tenure as sole in-house counsel for a mid-size staffing company headquartered in Central New Jersey, with operations all over the continental US, that she truly developed her passion for Employment Law.
Janette and The EmpLAWyerologist Firm operate under this core belief: It is possible, and it is in an employer’s best interest, to proactively solve workforce challenges before they become problems before they result in lawsuits or steep fines caused by government audits. Janette works with employers on most employment law issues, acting as the Employer’s Legal Wellness Professional — to ensure that employers are in the best position possible to avoid litigation, audits, employee relations problems, and the attendant, often exorbitant costs.
Janette authors the firm’s weekly blog, where you can read each week, in plain English (not legalese) about issues impacting employers today. Janette has written articles on many different employment law issues for many publications, including EEO Insight, Staffing Industry Review, @Law, and Chief Legal Officer. Janette has also spoken and trained on topics, such as Criminal Background Checks in the Hiring Process, Joint Employment, Severance Arrangements, Pre-Employment Screening among many, many others. Janette also serves as a Task Force Member of the Workplace Violence Prevention Institute, a multi-disciplinary organization dedicated to providing cutting edge resources to employers serious about taking a holistic, proactive approach to preventing and minimizing workplace violence.
Credits
HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org
ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1.5] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.