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New FLSA Rule: Preparing Your Business for Overtime Changes Ahead
Manage episode 238206684 series 1331844
Guest:
Louis R. Lessig, Brown & Connery, LLP partner
On March 7, the U.S. Department of Labor proposed a rule that boosts the salary threshold at which workers are eligible to receive overtime, making a major change to employee exemption criteria under the Fair Labor Standards Act (FLSA).
If finalized, the rule will extend overtime protections to more than a million currently exempt workers making less than $35,308 per year. It also would represent financial and operational challenges for employers, who will have to evaluate how their employees are scheduled and paid, in order to mitigate labor costs and exposure under the FLSA.
In this episode of HR Break Room, recorded at the Society for Human Resource Management 2019 Conference & Exposition, Louis R. Lessig joins hosts Caleb Masters and AJ Griffin to:
- review the latest developments in the proposed FLSA rule
- discuss how organizations can begin preparing today for potential changes to ensure compliance
- answer FLSA rule-related questions from HR Break Room listeners and Paycom webinar attendees
145 episodes
Manage episode 238206684 series 1331844
Guest:
Louis R. Lessig, Brown & Connery, LLP partner
On March 7, the U.S. Department of Labor proposed a rule that boosts the salary threshold at which workers are eligible to receive overtime, making a major change to employee exemption criteria under the Fair Labor Standards Act (FLSA).
If finalized, the rule will extend overtime protections to more than a million currently exempt workers making less than $35,308 per year. It also would represent financial and operational challenges for employers, who will have to evaluate how their employees are scheduled and paid, in order to mitigate labor costs and exposure under the FLSA.
In this episode of HR Break Room, recorded at the Society for Human Resource Management 2019 Conference & Exposition, Louis R. Lessig joins hosts Caleb Masters and AJ Griffin to:
- review the latest developments in the proposed FLSA rule
- discuss how organizations can begin preparing today for potential changes to ensure compliance
- answer FLSA rule-related questions from HR Break Room listeners and Paycom webinar attendees
145 episodes
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