DOL’s New Overtime Rules Explained: How the Changes Impact Your Organization in 2020 and Beyond
OVERVIEW The United States Department of Labor released its new overtime exemption rules, and they went into effect on January 1, 2020. For many employers that means that many of the positions it had previously classified as exempt from overtime requirements will not be any longer – unless these employees receive a salary increase equal to or greater than the new salary threshold. The 2020 federal labor law changes are expected to impact at least a million workers nationwide, and to result in a significant increase in the number of employees who will be eligible for overtime pay. In this webinar we will discuss the newovertime rules, 2020. In particular we will discuss which jobs and which employers are likely to be impacted and what to do now in order to comply with the Fair Labor Standards Act. WHY SHOULD YOU ATTEND Wage and hour laws, including the new overtime law for salaried employees, are not on hold during the COVID-19 pandemic. Employers found in violation of...