Final Overtime Rule Announced: All You Need To Know

Duration: 90 minutes Speaker: Melissa Fleischer, Esq
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ABOUT THE EVENT

On Sept 24, 2019 the U.S. Department of Labor announced a final rule to make 1.3 million American workers eligible for overtime pay under the Fair Labor Standards Act (FLSA).

The final rule updates the earnings thresholds necessary to exempt  executive, administrative, or professional employees from the FLSA’s minimum wage and overtime pay requirements, and allows employers to count a portion of certain bonuses/commissions towards meeting the salary level. The new thresholds account for growth in employee earnings since the currently enforced thresholds were set in 2004. In the final rule, the Department is:

  • raising the “standard salary level” from the currently enforced level of $455 to $684 per week (equivalent to $35,568 per year for a full-year worker);
  • raising the total annual compensation level for “highly compensated employees (HCE)” from the currently-enforced level of $100,000 to $107,432 per year;
  • allowing employers to use nondiscretionary bonuses and incentive payments (including commissions) that are paid at least annually to satisfy up to 10 percent of the standard salary level, in recognition of evolving pay practices; and
  • revising the special salary levels for workers in U.S. territories and in the motion picture industry.

The new Final Rule requires employers to understand how the rule has changed how you classify your employees as exempt. What changes has this final overtime rule made and what actions do you as employers need to take to make sure that you are in compliance? For instance, the salary level test has now been raised higher than it previously was but not as high as was proposed under the Obama administration final OT rule. What does this mean for you and how to properly classify employees as exempt? Did the DOL make any other changes that you need to know about? How can you now properly classify your employees? Attend this webinar to get the answers to these and other important questions.

Please join Melissa Fleischer, attorney at law, as she provides this in-depth overview of the Final Rule and advice on methods for employers to ensure compliance with these revisions to the FLSA.

WHAT YOU’LL LEARN

Just a sampling of what this webinar will cover:

  • What the new overtime rule requires and how employers can ensure compliance
  • Summary of the revisions brought about in the new final rule and what they mean for your organization
  • Impact of the Final Rule on how you currently classify employees as exempt
  • Analysis of how this changes classification of exempt employees under the current exemptions
  • Whether the final rule made any other changes to the classification process
  • How to properly classify your employees as exempt under the new final OT rule
  • New compliance and effective date
  • AND MUCH MORE!

Who Should Attend

  • HR Professionals
  • Business Owners
  • Payroll Professionals
  • CFOs
  • Accounting Professionals
  • Benefit Professionals
  • Managers
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Melissa Fleischer, Esq

Melissa Fleischer, Esq., is a sought-after employment law attorney and HR advisor, having utilized her 20 years of law practice experience specializing in employment discrimination litigation to form HR Learning Center LLC, an HR consulting firm that specializes in providing workplace solutions to employers on a wide range of legal and human resource management issues. Ms. Fleischer provides preventative counseling and proactive training on a wide-range of employment law issues to help employers achieve legal compliance and reduce litigation costs, Ms. Fleischer is a management-side employment attorney and is nationally recognized as an expert in her field. Ms. Fleischer has successfully represented numerous clients in employment discrimination litigation as well as providing preventive counseling and training on workplace issues. Ms Fleischer was previously associated with Epstein Becker & Green in NYC.

Through HR Learning Center, Ms. Fleischer provides on-site training seminars and on-line training webinars and consulting on a wide range of workplace and human resource issues including sexual harassment, disabilities, diversity, discrimination, workplace violence, employee use of social media, job descriptions, employee handbooks, workplace investigations, FLSA misclassification and independent contractor status, information privacy and security, and HR records management. She also offers compliance training on the major employment laws, including Title VII of the Civil Rights Act of 1964, the Family and Medical Leave Act, Americans with Disabilities Act, Fair Labor Standards Act, including exempt and non-exempt worker classifications and the National Labor Relations Act. She presents seminars, leads webinars and workshops, and is a frequent lecturer on these and other HR management and legal topics.

Ms. Fleischer served as a chapter editor for the Family and Medical Leave Act Treatise, published by the Bureau of National Affairs. She also served as an Editor for HRExpert, an on-line legal resource for attorneys and HR Professionals. Ms. Fleischer is an adjunct faculty member with the Professional Development Center at SUNY/Westchester Community College in Valhalla, New York. She is a member of the Society for Human Resource Management (SHRM). Ms. Fleischer earned her J.D. degree from The George Washington University Law School in Washington, D.C., and her B.A., cum laude, from New York University.

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Subjects: FLSA, Overtime, DOL

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