On May 18, 2016, the U.S. Department of Labor announced a ruling that amends the white colloar overtime exemptions to the Fair Labor Standards Act (FLSA). This rule increases the threshold salary for the exemption to $913 per week ($47,476 per year). The new rule also increases the total annual compensation requirement needed to exempt highly compensated employees to $134,004 per year.
This rule will take effect on December 1, 2016.
Because this will impact many of our clients, our HR partner, ThinkHR, is hosting a webinar on Thursday, June 9 at 11:30am Eastern.
Robin Shea, partner in the national labor and employment law firm Constangy, Brooks, Smith & Prophete, LLP is conducting the webinar. Here's what you'll learn:
- The details of the DOL’s final rule and how this impacts “white collar” exemptions (executive, professional and administrative)
- Key compliance deadlines you must meet
- Practical considerations in managing reclassifications of employees from exempt to nonexempt status
- How the final rule could impact telecommuting/remote worker policies
- Tips for communicating classification changes to your employees
- Plus other considerations based on the final regulations
This webinar session is also worth 1 HRCI/SHRM credit.
The deadline isn't until December, but you need to start thinking about how your organization is going to react to this change now. In addition to ThinkHR, we have in-house HR expertise, so don't hesitate to reach out to us with questions.