The compliance part is simple - if an employee earns less than $913 a week, they are non-exempt.
That is all you have to know - right?
Not so fast - a few questions need to be answered first.
The Wage and Hour Division of the Department of Labor issued Proposed Regulations in July of last year. The long awaited Final regulations under the Fair Labor Standards Act were released on May 18, 2016. The new salary level test raises the minimum salary requirement to qualify as an exempt employee from $455 a week to $913 a week.
Before implementing any changes, you have to know the implications of your decisions. And the new regulations have caused more questions than answers. There will be an increased cost to do business. This will be the case in most businesses. Making changes to employee pay may also cause many employee relations issues to both the employees directly affected by the change and to other employees who are not.
Some of the questions that have to be asked are:
Why should you Attend?
The New Wage and Hour Regulations will have a far reaching effect on your business and operations. , After completing this webinar, participants will have a stronger understanding of:
Who will benefit?
This webcast will be of a valuable assistance to the below audience.
Mr. Mckenzie is a regular contributor of articles for a many of publications and is in demand as a speaker for business and community functions all over town. He is actively involved in local and national professional organizations including the Small Business Resource Network, the Society for Human Resource Management, the St. Johns County Chamber of Commerce, and is a former member of the Board of Directors of the Beaches Habitat
Participants/Registrants for our live events, may cancel up to 72 hours prior to the start of the live session and ComplyArena will issue a letter of credit to be used towards any of ComplyArena's future events. The letter of credit will be valid for 12 months.
ComplyArena will process refund in cases where the event has been cancelled and is not rescheduled within 90 days from the original scheduled date of the webinar. In case if a live webinar is cancelled, participants/registrants may choose between recorded version of the course or a refund. Refunds will not be processed to participants who do not show up for the webinar. A webinar may be cancelled due to unavoidable circumstances, participants will be notified 24 hours before the scheduled start of the event. Contact us via email: email@example.com or call +1-888-222-5917 (Toll Free).