DOL's Final Overtime Exemption Rule Released for 2020: What the Changes Mean for Your Organization
Learn how the DOL's final overtime exemption rule affects exempt positions, the salary threshold, bonuses and highly compensated employees, and the steps to comply.
Speaker
Janette Levey Frisch
Employment attorney · 20+ years of legal experience
Overview
The Department of Labor's final overtime exemption rule took effect on January 1, 2020. Under it, many positions employers had treated as exempt from overtime lose that status unless the employee's salary meets or exceeds the new salary threshold, which increases the number of employees eligible for overtime pay.
This 75-minute webinar explains which jobs and employers the rule targets, how it differs from the earlier Obama-era proposal on white-collar exemptions and the salary basis, and how it treats highly compensated employees. You'll learn how bonuses count toward the salary threshold, how often the DOL expects to update the salary level, how it handles automatic updates, and how reclassification may affect employees who were exempt.
Why attend: Penalties for breaking the FLSA's overtime rules can be severe, and non-compliant employers may face a DOL audit, a lawsuit or an administrative charge. This session gives you practical steps to comply, limit increases in overtime costs and avoid drawing DOL attention. It suits payroll and HR professionals, managers, compliance officers, audit and budget staff, attorneys and controllers.
What’s covered
- Practical steps to take now
- How the final DOL rule differs from the Obama-era proposal on white-collar exemptions, salary basis and more
- How the rule affects highly compensated employees
- How often the DOL expects to update the salary level
- How the DOL plans to handle automatic updates
- How bonuses count toward the salary threshold
- Practical ways to limit the increase in overtime and stay off the DOL's radar
Who should attend
What you get
About the speaker
Janette Levey Frisch, has over 20 years of legal experience, more than 10 of which she has spent in Employment Law. It was during her tenure as sole in-house counsel for a mid-size staffing company headquartered in Central New Jersey, with operations all over the continental US, that she truly developed her passion for Employment Law. Janette operates under this core belief: It is possible, and it is in an employer’s best interest, to proactively solve workforce challenges before they become problems, before they result in lawsuits or steep fines caused by government audits. Janette works with employers on most employment law issues, acting as the Employer’s Legal Wellness Professional — to ensure that employers are in the best position possible to avoid litigation, audits, employee relations problems, and the attendant, often exorbitant costs. Janette authors the firm’s weekly blog, where you can read each week, in plain English (not legalese) about issues impacting employers today. Janette has written articles on many different employment law issues for many publications, including EEO Insight, Staffing Industry Review, @Law, and Chief Legal Officer. Janette has spoken and trained on topics, such as Criminal Background Checks in the Hiring Process, Joint Employment, Severance Arrangements, Pre-Employment Screening among many, many others. Janette serve on the Workplace Violence Prevention Institute, a multi-disciplinary task force, dedicated to providing, holistic, proactive and cutting-edge solutions and resources for employers committed to ensuring a safe workplace.
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