Online Webinar 2019 - Live Webinar New Department of Labor (DOL) Overtime Regulations effective in 2020. Is your Company Ready!

Overview
On March 7, 2019 the Department of Labor announced a proposed rule that would make more than a million more American workers eligible for overtime. Under currently enforced law, employees with a salary below $455 per week ($23,660 annually) must be paid overtime if they work more than 40 hours per week. This regulation will be effective in 2020.
This proposal would boost the proposed standard salary level to $679 per week (equivalent to $35,308 per year). Above this salary level, eligibility for overtime varies based on job duties.
Changes Include
The proposal increases the minimum salary required for an employee to qualify for exemption from the currently enforced level of $455 to $679 per week (equivalent to $35,308 per year)
The proposal increases the total annual compensation requirement for “highly compensated employees” (HCE) from the currently enforced level of $100,000 to $147,414 per year
Allowing employers to use nondiscretionary bonuses and incentive payments (including commissions) that are paid annually or more frequently to satisfy up to 10 percent of the standard salary level
Session Highlights
What is the proposed overtime ruling
How is it different from the previous overtime regulations
Why is the DOL asking for feedback by Employers
Why are Employers opposed to the Overtime Ruling
What companies are impacted by the changes
How are Non-Exempt employees impacted by the change
When is the Overtime Ruling effective
Is the new ruling expected to change the DOL definitions
What does the DOL New Ruling change the Highly compensated employees
What changes do Employers need to prepare before the new ruling is effective
How can Employers communicate the changes to employees
What financial impact will Employers have when changes are made
Penalties and Fines if ruling is violated
Who Should Attend:
CEO
CFOs
Board of Directors
Supervisors/Manager
Leadership & Executives
Payroll Professionals
HR Professionals
Accounting Professionals
Tax Professionals
Benefit Professionals
Compensation professionals
Program Managers, Office Managers (with HR Roles)
HR Workplace Compliance Professionals (Officers, Directors, Managers and Specialists)
Office Managers and/or any professional on-boarding new hiresSenior HR Professionals
Why Should You Attend
This new federal overtime regulation that could make over a million more Americans eligible for overtime—which might mean a steep hike in costs for employers. This will be effective in 2020 but Employers must start preparing now!
Learn how to mitigate the new proposed rulings
Learn how to prepare for the new Overtime changes
Learn how to communicate changes to employees
Learn what constitutes violations
Learn how to conduct an internal audit to ensurecompliance
Speaker:
Margie is a senior level human resources professional with over 14 years of HR management and compliance experience A current Compliance Officer for HR Compliance Solutions, Margie has worked as an HR and Compliance advisor for major corporations and small businesses in the small, large, private, public and Non-profit sectors. This includes Federal Contracting in the defense, military, anti-terrorism and Apache Helicopter Training Simulations with Federal Acquisition Regulations (FAR), Federal Sentencing Guidelines (FSG) and Office of Federal Contract Compliance Program (OFCCP). Margie is bilingual (Spanish) fluent and Bi-cultural.