Understanding and Complying with the New FLSA Salary Test and Overtime Rules

Original recording date: Thursday, May 23, 2024

PURPOSE

Effective July 1, 2024, the U.S. Department of Labor’s (DOL) final overtime rule raises the salary basis for overtime exemptions under the Fair Labor Standards Act. Join us as we debunk salary payment myths, followed by a discussion on the DOL’s salary rules and overtime regulations. Our expert presenters will then outline steps for employers to prepare for rule implementation, including transitioning employees to non-exempt status if necessary.

LEARNING OBJECTIVES

• Summarize the new salary requirements.

• Explain what it means to pay an employee on a “salary basis.

•Discuss how employers can prepare for the July 1 effective date, including what to do if they cannot pay the new salary amounts.

PRESENTER(S)

Penelope (Penny) Phillips, Attorney, Felhaber Larson, Minneapolis

CEUs

Eligible for on clock hour This webinar has been designed to meet the CEU approval criteria for the Minnesota Board of Executives for Long Term Services and Supports (MN-BELTSS) and the continuing education approval of the Minnesota Board of Nursing. Participants may also request a general certificate of attendance. CEUs are earned only for the individual registered.