The New Overtime Rules: How Will You Comply

About this Webinar
About Webinar
Overtime rules are nothing new. We know that certain employees must be paid overtime rates when working more than forty hours per week. Other workers are not subject to overtime rules. What is very possibly changing, however, is the Department of Labor’s salary basis that contributes to the delineation between these groups. Currently, exemptions for workers of overtime rates under the Fair Labor Standards Act include an earnings threshold of not less than $684/week. While it is difficult to determine how much the DOL will raise this amount, discussions in the highest levels of government just a few years ago attempted to increase the threshold to $921/week. At the time, this would have made an additional 4.2 million employees eligible for overtime.
Base compensation is not the only factor to consider when determining a workers’ status as exempt or non-exempt. There are key details that must be assessed for the type of position. During this special “live” session, you will gain specific knowledge on the exemption categories, their features, and what to do with this information.
Although the DOL will almost certainly grant employers several months of lead-up time before implementing the new threshold, understanding the potential impact of a dramatic increase now will help employers to make appropriate adjustments in the future.
Session Highlights
- Differentiate between exempt and non-exempt classifications.
- Describe the details of each exemption.
- State meal and rest break requirements.
- COVID-19 topics regarding working from home and health/safety requirements.
- Recordkeeping best practices for wage and hour requirements compliance.
Why You Should Attend
Overtime exemptions are nothing new, but the federal Department of Labor is expected to raise the minimum salary threshold for these exemptions in the near future, even as early as this month. If you don’t want to be caught unaware of these prospective changes and what it can mean for your organization, workforce, and overall budget, then you won’t want to miss this very timely learning session. With this change expected to impact millions of workers in the United States, it’s very likely that your employees will be affected as well.
In just 60-minutes, you’ll be armed with the foundational information you’ll need to assess, understand, and take targeted action to prepare yourself – and your organization – for these impactful changes.
Who Should Attend
- HR professionals, all levels.
- Talent acquisition and recruiting professionals, all levels.
- Leaders, Managers, and Supervisors
- C-suite level executives
- Business owners
Note: You will get access to the Recording link and E-Transcript; in your account and at your registered email address.
Speaker(s)
Miles Hutchinson is a CGMA and experienced businessman. He has been an auditor with PriceWaterhouseCoopers and the Chief Financial Officer of a $1 billion real estate development company. Miles is a professional speaker and consultant who has presented over 2,700 seminars and training sessions on a myriad of business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act. He is recognized as an expert in payroll and sales & use tax as well as financial modeling & analysis, business strategy and communications.
He is the author of several useful accounting and tax tools available at www.soxpolicies.com and www.salestaxadvisors.com. His clients include, Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, US Marine Corps, and the US Army. Please visit his web sites to see how you can further benefit from his expertise.
CEUs

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Credits: 1.5

Supreme Trainer is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for PDC(s) for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org
Credits: 1.5

Supreme Trainer is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org.
Credits: 1.5

Credits: 0
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