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CREATED:20230928T184836Z
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UID:10000029-1701954000-1701957600@iwla.com
SUMMARY:IWLA Webinar: Level Up to the New Salary Level Part 1 - Employer Roadmap to the DOL's Proposed Overtime Rule
DESCRIPTION: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.) \nThis 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.
URL:https://iwla.com/event/iwla-webinar-level-up-to-the-new-salary-level-part-1-employer-roadmap-to-the-dols-proposed-overtime-rule/
LOCATION:At Your Desk
ATTACH;FMTTYPE=image/jpeg:https://iwla.com/wp-content/uploads/2023/09/shutterstock_230366824-scaled.jpg
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