IWLA Webinar: Level Up to the New Salary Level Part 1 – Employer Roadmap to the DOL’s Proposed Overtime Rule

The DOL has unveiled its long-awaited proposed rule to again increase the minimum guaranteed weekly salary for the FLSA’s “white collar” exemptions, this time from $684 to $1,059 per week (or more depending on when the rule is finalized). If adopted, the proposed increase will require employers that are not already required to pay exempt employees a higher minimum salary under state law to reevaluate the classification status of exempt employees currently paid a salary below $1,059 per week (and potentially those paid more.)

This webinar will provide a roadmap for employers on developing a strategy to respond to the proposed salary level increase and to the other changes in the DOL’s proposed rule. It will include a discussion of important considerations related to reclassifying employees affected by the proposed increase. It will also provide a refresher on the salary basis test. In particular, we will discuss the impact of the recent Supreme Court decision that resulted in an employer owing an already high-earning employee overtime pay because, according to the Court, the employer’s compensation scheme did not meet the DOL’s technical rules for paying exempt employees on a salary basis.