2015 Proposed Changes to FLSA White-Collar Overtime Exemptions Webinar
Learn what the proposed regulatory changes mean for your company and what you need to do to speak up now to ensure that your company’s voice is heard about the DOL’s proposals.
The DOL has issued “proposed” regulatory changes designed to modernize and simplify the white collar exemptions. The proposal will significantly increase the minimum salary requirement and, possibly, revise the duties test for the executive exemption.
The areas covered in this webinar include:
- What is the proposed salary increase and how did the DOL arrive at this figure?
- Why the DOL did not make proposed changes to the duties test at this time
- Using nondiscretionary bonuses in the salary calculation
- Why the DOL is considering reinstating the short/long test that was eliminated in 2004
- What information the DOL wants from you regarding the duties test for the executive exemption
- Methods the DOL is considering for automatic salary increases in the future
Why Should you Attend:
The proposal will have a significant impact on every company’s bottom line and, importantly on companies’ budgeting for 2016. The DOL has requested employers and employees alike to speak out on a number of topics. Learn what the DOL wants from you and how you should respond.
President Obama ordered the DOL to revise the white collar exemptions so as to make them more in line with the way today’s employers conduct business and to simplify them.
Objectives of the Presentation:
- Why the DOL is seeking to overhaul the exempt status
- How the DOL arrived at the $921 salary increase
- What type of information you may want to consider in responding to the DOL’s request for information
- What the DOL is considering with regard to the duties test for the executive exemption
- The pros/cons of the different methodologies the DOL considered for the salary increase and is considering for future increases.