The U.S. Department of Labor announced its long-anticipated changes to overtime rules under the Fair Labor Standards Act. Beginning January 1, 2020, employees who are considered “exempt" from federal overtime provisions must earn a guaranteed minimum salary of at least $684/week ($35,568 /year).
Therefore, if an employee's salary is not at least $684/week, he or she must be classified as non-exempt, have his or her time tracked and receive overtime for all hours worked over 40 in a week.
This new regulation has the potential to impact many Big I NY members. To help you understand and prepare for this change, we are co-hosting with Big I National a webinar on October 30, 2019 at 2:00 ET. Our presenter will be Claudia St. John, president of Affinity HR Group, Big I NY's national HR consulting partner and resource. The purpose of the webinar is to:
- Review the regulatory changes and their potential impact on independent agencies
- Present reclassification and pay accommodation options to consider to be compliant
- Answer as many of your questions as possible before, during, and after the webinar
To sign up for this complimentary webinar, click here.
If you are unable to attend and would like assistance on understanding the rule change and how to remain compliant, please feel free to contact Affinity HR Group directly at (877) 660-6400 or Contact@AffinityHRgroup.com.