Live Event
DOL Issues Final Overtime Rule - What Now? Nashville
Thursday, June 23, 2016
- 7:30 AM - 9:30 AM CDT
Envision Conference Center
9010 Overlook Boulevard
Brentwood, TN 37027
On May 18, 2016, the U.S. Department of Labor, Wage and Hour Division, announced the final changes to the regulations that govern the “white collar” overtime exemptions.
The final rule:
- Sets the minimum salary level for exemption at $47,476 ($913/week) and the salary level for the highly compensated test at $134,004
- Provides for automatic increases in the salary levels after three years (beginning Jan. 1, 2020), indexed to the 40th percentile of full time salary workers in the lowest wage Census region (currently the South region)
- Allows employers to count any bonuses paid on at least a quarterly basis toward 10% of the minimum salary level
- Did not revise the duties test
- Set an implementation date of December 1, 2016, providing nearly 200 days for employers to be in compliance with the new requirements
This presentation will provide detailed guidance on the regulations and practical steps on how employers can respond to these changes.
Time:
Registration and Breakfast: 7:30 – 8:00 am
Program: 8:00 - 9:30 am
Continuing Education
CLE, SPHR/PHR and SHRM certifications are pending approval.
Questions
Contact Claire Krummenacher at ckrummenacher@littler.com or (615) 514-4187