This event has already passed.
Webinar
June 13, 2024, 1:00 pm - 2:00 pm EST
Breaking Down the Fair Labor Standards Act: Overtime, Minimums, & More
virtual
The Fair Labor Standards Act (FLSA) means significant changes to your compensation and payroll. Join us for this information-packed session to discuss what the FLSA means for you in terms of federal overtime protections and minimum salary requirements for your contracted employees.
Our discussion will cover an overview of the current FLSA overtime exemptions, a detailed examination of the impending alterations, including the planned two-phase increases, and practical guidance on the next steps for employers navigating these adjustments. Come away with an understanding of:
- Current Exemptions: Gain clarity on the existing exemptions under the Fair Labor Standards Act (FLSA), ensuring a solid foundation for comprehending the forthcoming changes.
- Significant Changes Ahead: Explore the key modifications introduced in the final rule regarding overtime protections, particularly the substantial increase in minimum salaries required for certain exemptions.
- The Two-Phase Implementation: Delve into the phased approach planned for implementing these changes, grasping the timeline and implications for businesses and employees.
- Employer Action Steps: Receive actionable insights on the next steps employers should take to adapt to these adjustments effectively, ensuring compliance and a smooth transition.
- Navigating Compliance Challenges: Understand potential challenges and complexities that may arise in adhering to the new regulations, and learn strategies to overcome them effectively.
This AISNE Insight is intended for the following roles:
- Heads of School
- Chief Business Officers (CFOs/COOs)
- Controllers and Payroll staff
- HR staff of all levels
- Any administrators and managers who decide and manage overtime
- In-house attorneys