On June 30th, Paychex will be holding a webinar on the new FLSA overtime rules. The webinar is scheduled to start at 2:00 p.m. Eastern. Even if you do not currently use Paychex as your payroll provider, you can participate in the webinar and download their free “Guide to Navigating the New Overtime Regulations.”
Invitation to webinar — Countdown to Overtime Regulations 2016: Prepare your plan now!
Just click on “register now” if you would like to attend. The webinar will last approximately 30 minutes and include a live QA session at the end.
A little background . . .
On May 18, 2016, the U.S. Department of Labor (DOL) announced the release of the highly anticipated Final Rule to Update the Regulations Defining and Delimiting the Exemption for Executive, Administrative, and Professional Employees revising the federal overtime regulations under the Fair Labor Standards Act (FLSA). The Final Rule will take effect in just over six months onDecember 1, 2016.
When the rule change takes effect, the DOL estimates over four million more employees may become eligible for overtime pay. Failure to pay overtime pay correctly to eligible employees can result in fines and penalties under the FLSA and/or applicable state law.
These changes may result in difficult decisions and administrative tasks that can quickly consume your schedule. Is your ministry ready?
What will be reviewed in the webinar:
Paychex is hosting a webinar on June 30th to help you understand the new regulation. You’ll gain insights on:
- What are overtime regulations and how does the May 18 ruling change impact them?
- Understanding which employees may be impacted by the changes.
- What can you do now to prepare your organization for the December 1 legislation change?
- Update on the recently released DOL Administrator’s Interpretation on worker misclassification.