The Department of Labor overtime rule that took effect on January 1, 2020 was estimated to affect 1.3 million workers. It requires exempt salaried employees to earn at least $684 per week, or $35,568 a year, and raised the total annual compensation threshold for highly compensated employees (HCE) above the previous $100,000 level.
The rule also lets employers count nondiscretionary bonuses and incentive payments, including commissions, paid at least annually toward up to 10 percent of the standard salary level.
This 90-minute DOL overtime rule webinar covers how the rule differs from earlier regulations, which companies and non-exempt employees are affected, states with different overtime rules, the DOL's focus on off-the-clock work, violations, penalties, budget impact, internal audits and how to communicate changes to employees.
Changing employees from exempt to non-exempt can raise costs and cause confusion and morale problems if handled poorly. Knowing the rule, auditing your classifications and having a communication plan in place before making changes helps you stay compliant and keep employees' trust.
This session suits senior management, HR managers and generalists, managers and supervisors, compensation, payroll, operations and compliance professionals, business owners and those who handle employee relations.
• Senior Management
• HR Managers & Generalists
• Managers & Supervisors
• Compensation & Payroll Professionals
• Operations Professionals
• Human Resources professionals
• Employers
• Executives
• Compliance professionals
• Business owners
• Professionals who handle employee relations issues
Changing employees from exempt to non-exempt can raise costs and cause confusion and morale problems if handled poorly. Knowing the rule, auditing your classifications and having a communication plan in place before making changes helps you stay compliant and keep employees' trust.
This session suits senior management, HR managers and generalists, managers and supervisors, compensation, payroll, operations and compliance professionals, business owners and those who handle employee relations.
• Senior Management
• HR Managers & Generalists
• Managers & Supervisors
• Compensation & Payroll Professionals
• Operations Professionals
• Human Resources professionals
• Employers
• Executives
• Compliance professionals
• Business owners
• Professionals who handle employee relations issues
Margie Faulk
Margie Faulk is a senior level human resources professional with over 15 years of HR management and compliance experience. A current Compliance Advisor for HR Compliance Solutions, LLC, Margie, has worked as an HR Compliance advisor for major corporations and small businesses in the small, large, private, public and Non-profit sectors. Margie has provided small to large businesses with risk management strategies that protect companies and reduces potential workplace fines and penalties from violation of employment regulations. Margie is bilingual (Spanish) fluent and Bi-cultural.Margie’s area of expertise includes Criminal Background Screening Policies and auditing, I-9 document correction and storage compliance, …
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