Understanding the Department of Labor's New Overtime Rules of 2020
Instructor:
Janette Levey Frisch
Product ID: 706640
- Duration: 60 Min
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
- Managers
- Compliance officers
- Audit staff
- Budget personnel's
- Attorneys
- Controllers
Janette Levey Frisch
Employment and HR Attorney, The Emplawyerologist Firm
Janette Levey Frisch, founder of The EmpLAWyerologist Firm, is an employment/HR attorney with over 20 years’ legal experience. Ms. Frisch is a legal wellness professional for employment practices and workforce challenges. She works with employers to craft solid employment practices wellness plans tailored to address a company’s needs and concerns. Ms. Frisch offers consultations and legal services on virtually all federal and NJ and NY state employment law issues.
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