Preparing for DOL’s Final Overtime Rules
1h 31m
Created on October 17, 2016
Intermediate
Overview
The U.S. Department of Labor’s final regulations revising the white collar exemptions under the Fair Labor Standards Act go into effect on December 1, 2016. As a result of these revised regulations, it is anticipated that millions of employees who are not currently eligible for overtime pay will become eligible on December 1 unless their weekly salaries are raised to the new threshold of $913.00 per week. Employers need to make some significant decisions by December 1 regarding which employees will need to be reclassified, how to transition those employees from exempt to nonexempt, and how to manage the risk of liability. In this course, attorneys John Ho and Brian Schaffer discuss these regulations and the best ways in which employers can proactively respond.
Learning Objectives:
- Understand the final regulations
- Recognize proactive risk management strategies
- Identify practical options for reclassifying employees
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