Introduction

The New Department of Labor (DOL) rules came into effect the beginning of January 2020. Overtime rules are confusing to understand and implementation is generally a challenge. Overtime and minimum wage have been hot topics for a while since 2016; legislation almost came into effect in 2017. However, several states came forward with legal action and in the end never came to pass. The federal Department of Labor released final legislation to update the salary threshold in September 2019. There have been over 24 new laws that have come into effect across 10 states, as well as 2 laws that have a countrywide implication. If you have not yet updated your information with regard to overtime and minimum wage, this webinar will give you the most up to date Overtime requirements. It will also provide as a guide as to how it will affect employers along with a review legislative attempts in the past couple years. Best practices on how employers can implement the new rules and make sure employers on compliant.

Area Covered In The Webinar

  • Review most recent changes to minimum wage – both Federal and State
  • Discussion on how companies should handle minimum wage for states with higher rates then federal.
  • Current legislative activity and what it means to employers
  • Details of federal regulation changes, what they are and when do we as employers need to be ready
  • Impacts of changes to companies and best practices on how to handle them
  • Review Federal Overtime Requirements
  • Exempt vs. non-exempt states
  • Overtime Concerns for employers
  • Regular Rate of Pay – why it is important and how to calculate
  • State Overtime Requirements
  • State by State Review

Who Will Benefit

  • Payroll Professionals
  • HR professionals
  • Managers
  • Compliance officers
  • Audit staff
  • Budget personnel’s
  • Attorneys
  • Controllers
  • Compensation Analysts

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Dayna Reum ,CPP, FPC is currently the Payroll Tax Manager at PetSmart Inc. She has been heavily involved in the payroll field over 15 years. Starting as a payroll clerk at a small Tucson company, She Know More

Dayna J. Reum