Federal Overtime Regulations: It’s Not Just About the Salary
Maxine Neuhauser, Member of the Firm, presents "Federal Overtime Regulations: It's Not Just About the Salary," a webinar hosted by the Center for Non-Profits.
By now, most employers know that the US Department of Labor (DOL) has adopted new overtime regulations that, effective December 1, 2016, will raise the salary thresholds and will make mandatory overtime requirements applicable to most employees earning less than $47,500/year, including employees of non-profit organizations.
But the new salary thresholds aren’t the only thing employers need to pay attention to. Another crucial part of the regulations is one that hasn’t changed: Not only must an employee’s salary exceed the specified threshold, but their duties must meet the “white collar exemption” duties tests for administrative, executive, professional, or other applicable employees. If the duties tests and other key employee classifications are overlooked or misapplied, employers are at risk for significant penalties if they are found to be in violation of the law.
For more information, visit NJNonprofits.org.