The Department of Labor (DOL) has proposed a rule that is expected to make more than one million more workers eligible for overtime pay. The rule change would raise the wage threshold for workers to be paid overtime to approximately $35K per year, up from $23.6K.
Replay the HR Works Special Episode: Making Sense of the Proposed Overtime Regulations for a detailed review of the proposed regulations from Kara Shea, a partner in the Butler Snow Law Firm in Nashville, and a member and former Practice Group Leader for Labor and Employment.
Some of the topics the podcast covers include:
- Methods employers can use to implement the future regulations in the most economical and efficient way
- Industries that will be most affected by the proposed changes
- How to create a communication plan to inform employees of the new rules and addresses concerns of their new status
- How the proposed rule would affect highly compensated employees
- How employers can use bonuses under this proposal
- How the duties test applies under this proposal