Description

The U.S. Department of Labor (DOL) issued its long-awaited overtime rule, which updated the earnings thresholds necessary to exempt certain employees from minimum wage and overtime requirements. It sets the minimum salary from the previous standard salary level per year.

Before classifying and treating any employee as exempt from overtime, employers should confirm that the employee satisfies all applicable tests for overtime exemption under federal and State laws. If an employee is covered by federal and State law but doesn't meet both sets of tests, employers should consult with counsel to determine how they should classify the employee in that situation.

The webinar will review the most up-to-date requirements to ensure you correctly handle your employee base from a Department of Labor and Fair Labor Standards Act perspective. Also, it covers how to correctly identify nonexempt employees and how to pay them properly, what recordkeeping requirements an employer has, and how you need to handle their pay.

Webinar Highlights:

• The webinar will discuss the Fair Labor Standards Act (FLSA) in detail.
• Learning why it is so important.
• Understanding who is covered under the FLSA.
• Learning how the FLSA defines an employee and temp employees.
• The speaker will provide an overview regarding independent contractors, volunteers, and trainees/students.
• Differentiating Minimum Wage federal versus State.
• Maintaining overtime rules and recordkeeping requirements.
• The speaker will briefly discuss Exempt vs.—nonexempt, which includes executive exemption, administrative exemption, professional exemption, and computer-related occupations exemption.

Why Should You Attend:

With different roles and responsibilities, knowing the difference between exempt and nonexempt employees is pivotal for ensuring compliance and maintaining fair workplace conditions. Exempt and nonexempt employees are designated positions based on the individual's job title, earnings, and salary type. One of the most significant differences is that nonexempt workers are eligible for overtime by working 40 hours a week, while exempt employees aren't.

Attending this webinar, attendees will have a basic overview of the Fair Labor Standards Act, what employers are applicable, and what laws the FLSA maintains. Also, a review of current exempt versus nonexempt requirements and activity in the current legislation around changes to the exempt categories will be reviewed.

Who Should Attend:

• Business Owners
• Payroll Professionals
• Managers & Supervisors
• Project Managers
• Team Leaders
• Human Resources professionals