RECORDED TRAINING COURSE New Department of Labor (DOL) Overtime Regulations in Place and effective on January 1, 2020. Is your Company Ready! On September 24, 2019, The Department of Labor announced that the Proposed Rule for Overtime has been approved and now a regulation that would make more than a million more American workers eligible for overtime. Under currently enforced law, employees with a salary below $455 per week ($23,660 annually) must be paid overtime if they work more than 40 hours per week. This regulation will be effective in 2020 has the salary threshold as $684 per week and $35,568 annually indicating changes to the overtime structure. The proposal increases the total annual compensation requirement for “highly compensated employees” (HCE) from the currently enforced level of $100,000 to $147,414 per year. Allowing employers to use non-discretionary bonuses and incentive payments (including commissions) that are paid annually or more frequently to satisfy up to 10 percent of the standard salary level. This will be effective on January 1, 2020 but Employers must start preparing now! Why You Should Attend? This webinar will give you the most up to date Overtime requirements and how it will affect employers along with a review legislative attempts in the past couple years. Best practices on how employers can be prepared to implement the new rules and make sure employers on compliant by Jan 1 of 2020. In this Recorded Session, you can listen to Q&A which includes direct answer from our expert.
Recorded Webinar
2020 DOL FLSA Final Overtime Update
December 12, 2019 | 10:00 AM
PT | 1:00 AM
ET
90 mins
Speaker :
MARGIE FAULK
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You will receive the recording link to access the recorded class after 24 hours of the live session.
$49.00
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