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Shrm.org/overtime TAKE ACTION SHRM Member Resources FLSA Overtime Rule Resources https //www. shrm.org/legalissues/federalresources/pages/overtime-rule-hub. Understanding DOL s New Overtime Rule Michael Eastman NT Lakis LLP Nancy Hammer Government Affairs SHRM Leading People. What about ratcheting or spiraling caused by reclassification One study within five years the minimum salary will rise to between 72 436 and 95 836 depending on size of reclassification DOL Effect of reclassificaiton...
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How to fill out understanding dols new overtime
01
Read and understand the DOL's new overtime regulations
02
Determine if your business is covered by the regulations
03
Review your current overtime policies and practices
04
Identify employees who may be affected by the new regulations
05
Calculate the new overtime rates for affected employees
06
Update your payroll system to reflect the changes
07
Train your HR team and managers on the new regulations
08
Communicate the changes to employees and address any questions or concerns
09
Monitor and ensure compliance with the new overtime regulations
10
Periodically review and update your overtime policies as needed
Who needs understanding dols new overtime?
01
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Business owners
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Human resources professionals
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Managers and supervisors
05
Employees who are eligible for overtime
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