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New Fair Labor Standards Act Overtime Regulations
November 17, 2016 @ 11:30 am - 1:30 pm
Note: The content of this seminar will be the same as that covered in our June 23, 2016 seminar on this topic. If you were unable to attend in June or would like a refresher on the rule, this seminar is for you!
On May 18, 2016, the U.S. Department of Labor (DOL) announced a final rule regarding overtime wage payment qualifications for the “white collar exemptions” under the Fair Labor Standards Act (FLSA). The final rule increases the salary an employee must be paid in order to qualify for a white collar exemption. More recently, the New York State DOL has decided to increase its salary requirements for exempt employees.
This seminar will review the following:
- New Salary Amount
- Highly Compensated Test Salary Requirements
- Automatic Updating of Salary Amount
- Inclusion of Nondiscretionary Bonuses and Incentive Payments into Salary Amount
- Review of Duties Test
- Review of Salary Basis Requirements
- Wage Theft Prevention Act Compliance
- Conversion of Employee to Salaried Non-Exempt Employees
This seminar will be presented by: Michael J. Sciotti, Esq. (Barclay Damon, LLP)
Lunch 11:30 – Noon
Seminar Noon – 1:30