On June 28, 2016, Kara M. Maciel, Andrew J. Sommer, and Jordan B. Schwartz, of Conn Maciel Carey’s national Labor & Employment practice, will present a complimentary webinar regarding the Department of Labor’s final overtime rule.
On May 18, 2016, the U.S. Department of Labor (“DOL”) released its Final Rule amending the Fair Labor Standards Act’s white collar exemptions. The Final Rule increases the minimum salary threshold level in order to qualify an employee as exempt from overtime from $23,660.00 to $47,476.00. There is no doubt that this change in salary will dramatically increase the number of workers who will now qualify for overtime pay, forcing every employer in the country to carefully assess how to handle the additional financial burden. The Rule takes effect on December 1, 2016; accordingly, every employer should start evaluating their options and transitioning their workforces now to ensure that the requirements of the Final Rule are implemented in a compliant and effective manner. Indeed, it may take multiple attempts to find a new and feasible workforce structure.
Participants will learn:
- How the new salary threshold impacts their workforce
- Steps employers can and should be taking to ensure compliance
- Strategies for avoiding costly litigation over FLSA and overtime claims