The recent and long-awaited changes the Department of Labor (DOL) announced to the Fair Labor Standards Act (FLSA) overtime regulations are the most significant in over a decade and will have a heavy impact on both employees and employers.
At the recently held Eclipse benefits and HR conference, labor and employment attorneys alongside PlanSource HR, operations, and general counsel experts worked out some strategies aimed at helping employers prepare for the new rules that go into effect on December 1.
|Understand how your employees will be affected
Currently, employers are required to pay all non-exempt employees overtime pay — at least time and a half for every hour exceeding 40 work hours in a week. One way to remember the difference between exempt and non-exempt is to remember that exempt employees are also exempt from sympathy — their boss can work them as hard as they want and they don't get paid any more.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.