About This Course
Important changes to federal overtime rules take effect on December 1st. The changes significantly increase the salary basis threshold for the so-called "white collar" overtime exemptions raising the pay for millions of workers. The new rules present challenges for employers, particularly in the media, entertainment, advertising and hospitality industries, where lower wages can be common for skilled work. Are you ready? Join Wendy Stryker, counsel to FKKS Executive Compensation and Employment Group, for the top line on what has changed and what you need to do to comply.
Topics include:
- Changes to the standard salary level and total annual compensation requirement.
- Increasing salaries or paying overtime: how do you decide?
- Auditing current employee classifications (exempt vs. non-exempt).
- Accounting for off-site and "virtual" work.
- Future salary basis adjustments.
- Communicating the changes to employees.
- Enforcement - and penalties for non-compliance.
- And much more.