New FLSA Overtime Rules: What HR and Their Employers Need to Do

Learn from an Attorney: Understanding New FLSA Overtime Rules 2024

Four million additional workers now qualify for overtime pay, thanks to the Department of Labor’s (DOL) new overtime rule. Many of your employees now likely need to be reclassified from exempt to non-exempt. It is crucial for employers to correctly classify their employees, as failing to pay overtime carries significant risks. Employers could be liable for back wages, be fined, and potentially even required to pay employee legal expenses. Additionally, depending on state laws, further penalties may apply.

This webinar will help HR and their employers understand and prepare for compliance with the new final overtime rule. It will cover significant changes, including the new salary threshold, and the reclassification of many of your employees from exempt to non-exempt, making them eligible for overtime.

• Overview of the Final Rule overtime revisions and what they could mean for employers
• New salary thresholds and their effective dates
• How the Final Rule will change the classification of many of your current employees, resulting in higher overtime costs
• Methods for properly classifying your employees based on the Final Rule revisions to the FLSA regarding the “white-collar” exemptions
• Changes the Final Rule will make concerning the “white-collar” exemptions
• Best practices for properly classifying your employees as exempt in light of the changes the Final Rule will implement
• Litigation challenges to the DOL Final OT Rule