DOL's Overtime Rules 2021
Date: Jul 14, 2021, WedStart Time: 10:00 AM PDT
Duration: 1.5 HrsBook Mark:
Topic ID: WEB14505
The United States Department of Labor released its new overtime exemption rules, and they went into effect on January 1, 2020. For many employers that means that many of the positions it had previously classified as exempt from overtime requirements will not be any longer – unless these employees receive a salary increase equal to or greater than the new salary threshold.
The new salary rules are expected to impact at least a million workers nationwide, and to result in a significant increase in the number of employees who will be eligible for overtime pay.
Why Should You Attend?
Wage and hour laws, including the new overtime rules are not on hold during the COVID-19 pandemic. Employers found in violation of wage and hour laws can end up owing their employees, back wages, liquidated damages in the same amount, plus the employees’ attorney fees—not to mention their own legal fees. In a class action lawsuit, the amount increases exponentially. Proper understanding of the new overtime rules will go a long way toward greatly reducing these risks.
In this webinar we will discuss the new rules. In particular we will discuss which jobs and which employers are likely to be impacted and what to do now in order to comply with the Fair Labor Standards Act.
Areas Covered in the Webinar:
- Practical steps to take now;
- The difference between the new DOL rule on overtime exemptions and the Obama-era proposal concerning white-collar exemptions, salary basis and more;
- How the proposed rule will affect highly compensated employees
- How often the DOL anticipates it will update the salary level
- How the DOL intends to handle the issue of automatic updates
- How bonuses will factor into the salary threshold for exemption
- Practical steps to either reduce the increase in overtime or to stay under the DOL’s radar.
Who Will Benefit:
- Payroll Professionals
- HR professionals
- Compliance officers
- Audit staff
- Budget personnel's
Janette Levey Frisch
Janette Levey Frisch is an attorney with more than 20 years’ legal experience. She works with employers on most employment law issues to ensure that employers are in the best position possible to avoid litigation, audits, employee relations problems, and the attendant, often exorbitant costs. She authors the firm’s weekly blog, where she discusses issues impacting employers today. She has written articles on many different employment law issues for many publications, including EEO Insight, Staffing Industry Review, @Law, and Chief Legal Officer. Ms. Frisch has also spoken and trained on topics, such as criminal background checks in the hiring process, joint employment, severance arrangements, pre-employment screening among many others. She is licensed in New Jersey and New York. In addition, she serves as a Legal Wellness Professional to employers outside New Jersey and New York on almost all federal employment law issues, to enable employees to address workplace challenges before they escalate to litigation or costly audits. Ms. Frisch is also a contributor to the recently released book, “Hiring Greatness: How to Recruit Your Dream Team and Crush the Competition,” published by John Wiley and Sons, and authored by David E. Perry and Mark J. Haluska.
More Trainings by this Speaker
Frequently Asked Questions