When
Wednesday, September 21, 2016
12:00 - 1:00 PM Eastern
About the Program
In May 2016, the U.S. Department of Labor published its long-awaited Final Rule revising the standards needed to meet the new white collar exemptions. The Final Rule is the DOL's first major revision to white collar exemptions since 2004 and will result in millions of workers gaining eligibility for overtime. With this rule going into effect in December 2016, the DOL will virtually double the minimum monetary threshold needed for employees to qualify for exemption from overtime under the white collar exemptions. Moreover, the burden on employers will substantially increase every 3 years and employers will face a multitude of unforeseen compliance challenges. This is a substantial change from the standards in place for the last decade and will force employers to make hard decisions on how to handle the numerous employees who will now become overtime eligible.
Course Objective: To analyze how the DOL's regulations will affect overtime eligibility, the impact and challenges to employers, and strategies to assist employers in complying with and preparing for the implementation of these regulations
Learning Outcomes: Participants will be able to:
- Assess risk related to new overtime regulations
- Learn restructuring strategies to minimize regulation impact on workforce
- Examine the future impact of regulations and how to prospectively comply with these requirements
Registration
To register for this complimentary webinar, click here.
Continuing Education
Offered: 1 CPE credit in Personnel/HR