Breaking: DOL's New Overtime Rule

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.

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.

• 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

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