Please note: Your registration fee includes the webinar as well as a copy of Surgent’s 2016 DOL Overtime Rules and FLSA Regulation Changes Toolkit, a downloadable resource including detailed coverage of the regulatory changes, tips for analyzing specific employee situations and a step by step checklist for ensuring that your organization is compliant with the new rule. This toolkit is now updated with information on the nationwide injunction and advice for employers with respect whether to maintain or modify compliance steps taken before the injunction was issued.
In May 2016 the Department of Labor (DOL) issued final regulations to extend overtime pay to nearly five million additional workers effective December 1st, 2016. Eight days prior to that effective date, after most employers had already taken steps to get into compliance, a Federal District Court halted the rule in its tracks with an emergency preliminary injunction. So what now? Will the new rules take effect? When and in what form? Should employers maintain the changes they made to roles, duties and salaries to comply with the new regulations, put those changes on hold, or reverse them? Is it possible (or advisable) to “un-comply” with a suspended regulation? Attend this critical session to get the answers you need to effectively advise clients and manage this issue in your own workplace.
- Overview of The Fair Labor Standards Act (FLSA)
- Overview of the new regulations
- The District Court Injunction, basis and impact
- Considerations for employers regarding compliance steps taken before the injunction
- Weighing ROI and risk in retracting salary adjustments
- Understand the final Fair Labor Standard Act relating to exempt vs. non-exempt employees and the changes in the minimum salary test for exempt employees
- Understand the current status of the new regulations and what employers should do in light of recent developments