The New Overtime Rules: How to Comply, How to Prepare
|Date / Time:
Employers are about to be hit with the biggest change to U.S. wage-and-hour law in more than a decade. Will your organization be ready to comply?
Don't get caught flat-footed by the U.S. Department of Labor's highly controversial rewrite of the overtime exemption rules. A hefty increase in the salary threshold (currently $23,660 per year), plus changes to the duties test will mean millions more employees would become eligible for overtime.
Join us for a clear explanation of these new rules, plus practical advice on how your organization should respond and prepare.
When the DOL last tried to revise the FLSA exemption regulations in 2004, overtime lawsuits exploded nationwide (see chart). Experts say that trend is likely to continue when the complex new FLSA regulations hit the streets.
By attending this training session, you will learn the nuts and bolts of the new rules plus answers to strategic questions like:
Plus, you'll have the opportunity to ask the presenter your own questions about these complex, confusing new rules.
- Should you convert exempt workers to hourly status rather than pay increased weekly base salary?
- How should you deal with new stringent exempt classifications that require more time spent on management, less on menial but necessary tasks? Can you even track menial versus management work?
- When should you add bonuses and other incentives to base pay to meet new minimum weekly base salary?
- Should you lower the hourly equivalent rates of pay for formerly exempt workers to make up for new overtime hours?
- Should you rewrite your job descriptions? If so, how?
- Should you hire part-time employees in lieu of paying full-time workers overtime?
- Are you prepared for increased recordkeeping?
- How will more hourly positions impact your recruiting efforts — can you hire more professional independent contractors to perform exempt work at lower rates?
Your executive team will expect you to understand what the DOL rules say, what they mean, and how your organization should respond, so learn how to comply with these all-important overtime rules and restructure your compensation in the most legally safe and financial sound way.
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.
|About Webcasts / Audio Conferences / Podcasts:|
Webcasts, audio conferences, and podcasts are presentations that you
attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.
versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without
any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back
at work immediately after the session ends!
And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous
times and to share it with others in your office.
Handout materials and the phone number for live presentations are made available to you prior to the event via email from the
presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.
|Licenses / Designations / Educational Credits:||PHR / SPHR Re-Certification Credits|
All US States: 1.25
|About The Provider:
||The HR Specialist family of products helps HR professionals quickly resolve their daily challenges. From state-specific employment law to compensation and benefits, our experts give you the HR advice you need to know.
Whether you're new to HR or an experienced pro - a department of one or 10 - you can trust the practical, plain-English advice from HR Specialist. We'll save you time and headaches by focusing on what you need to know, when you need to know it. That makes you the HR expert your company can rely on and gets you the recognition you deserve.
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|Keywords For This Course:|
overtime, DOL, FLSA, compliance, payroll
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