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Breaking: DOL's New Overtime Rule
Live Session

Breaking: DOL's New Overtime Rule

Calendar Icon Date: Thursday, December 12, 2024; 11:00 AM Eastern Scheduled for 60 minutes including question and answer period.
Building Icon Industry: HR
$224.00
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  • Live + On Demand (December 12)
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Breaking: DOL's New Overtime Rule

Expert Presenter:

12-12-2024 11:00 AM EST.

HR expert Jenni Stone will explore the significance of the DOL’s new overtime rule, discussing its legal and practical implications and providing guidance on actionable steps and compliance tools.

What You'll Learn

  • New Minimum Salary Thresholds and Effective Dates
  • Highly Compensated Employee (HCE) Compensation
  • The Updates to Minimum Thresholds
  • Nondiscretionary Payments to Meet Salary Thresholds
  • Definition of "paid on a salary basis" and permissible deductions.
  • Primary Duties Test:
  • Relevance of the pre-2004 exemption test in the context of the new rule.
  • Actions Employers Can Take Now
Training Overview

New DOL’s Overtime rule. Discover all the changes and how they affect your organization.

An estimated 4 million workers are expected to lose their exempt status under the Fair Labor Standards Act (FLSA). The Department of Labor (DOL) released a final rule that raises the salary thresholds for certain overtime exemptions. While legal challenges may arise, employers must stay informed to adequately prepare for these changes.

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The presentation is structured to help employers understand the legal and practical implications of the DOL's new rule, ensuring they are prepared for the upcoming changes. It also includes practical advice on steps to take in response to the rule, offering tools and resources for compliance.

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  • New Minimum Salary Thresholds and Effective Dates
  • Highly Compensated Employee (HCE) Compensation
  • The Updates to Minimum Thresholds
  • Nondiscretionary Payments to Meet Salary Thresholds
  • Definition of "paid on a salary basis" and
    permissible deductions.
  • Primary Duties Test:
  • Relevance of the pre-2004 exemption test in the context of the new rule.
  • Actions Employers Can Take Now

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Gain insight into the legal and practical implications of the DOL's new rule, ensuring consistent adherence to regulations, and promoting career progression.

Who Should Attend?
  • Human resources professionals
  • Business owners
  • Plant managers
  • Operations managers
  • Employee relations staff
  • Location managers
  • Division supervisors
  • Supervisors
  • Chief executives
  • Executive directors
  • Board members
  • Senior management
  • Managers
  • Development staff
  • Program directors
Credits
  • This program has been approved for 1.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 1.0 PDCs for the SHRM-CP or SHRM-SCP.

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Breaking: DOL's New Overtime Rule