Countdown to Overtime: Are You Ready?
The December 1, 2016 deadline to comply with the U.S. Department of Labor’s new regulations that govern the “white collar” overtime exemptions is just weeks away – and the countdown has begun. The final rule:
- Sets the minimum salary level for exemption at $47,476 ($913/week) and the salary level for the highly compensated test at $134,004
- Provides for automatic increases in the salary levels after three years (beginning Jan. 1, 2020), indexed to the 40th percentile of full time salary workers in the lowest wage Census region (currently the South region)
- Allows employers to count any bonuses paid on at least a quarterly basis toward 10% of the minimum salary level.
Are you ready to comply? Do you have questions about how to implement the required changes?
This webinar will provide detailed guidance on the regulations and practical steps on what employers can do now to comply.
Tammy McCutchen, former administrator of the U.S. Department of Labor’s Wage and Hour division and current partner with Littler Medelson PC.Sign in or become a member to access past webinars