Monday, November 11th, 2024 1:00 – 2:00 pm EST

The Department of Labor’s (DOL) new overtime rule indeed creates significant changes for employers with the two-stage increase in the minimum salary threshold for FLSA’s white-collar exemptions. Since the first increase took effect in July 2024, many businesses have already adjusted, but the January 2025 phase is creating considerable uncertainty.

Here’s a breakdown of what this webinar will cover:

1. Status of Pending Legal Challenges: Several states and business groups have challenged the rule, arguing that it imposes undue economic burden, especially on smaller employers. We’ll examine where these cases stand in the courts and what a potential injunction or ruling against the rule could mean for employers.
2. Impact of the Upcoming Presidential Election: With a shift in administration, there could be a move to delay or alter the final phase of the rule. We’ll discuss potential outcomes based on the candidates’ views on labor regulations and how this might influence DOL’s enforcement priorities.
3. Key Considerations for Employers: Employers need to evaluate how to handle compensation, especially if they’ve already increased salaries to meet the first threshold. The session will also cover best practices for creating flexible strategies to adjust to potential rule changes, including budgeting, compliance, and communication with employees.

The webinar will be critical for employers, HR professionals, and compliance teams to stay prepared amid the uncertainties surrounding this regulation.

Credits: 1.0 IL CLE; 1.0 CA CLE; 1.0 NJ CLE; 1.0 NY CLE; 1.0 PA CLE; 1.0 HRCI; 1.0 SHRM (Other states may be available for CLE credits upon request)