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New Federal Overtime Rules

The Department of Labor announced new overtime regulations that will go into effect on December 1, 2016.   These new regulations affect many nonprofits and small businesses.  Most employees earning less then $47,500 per year will be entitled to overtime compensation.  Wayfind has gathered resources with information on these new regulations for you here.   Wayfind will also be putting on trainings in the fall of 2016.

Upcoming Webinars and Trainings on the new Federal Overtime Rules:

Is Your Employee Exempt or Non-Exempt From the New Overtime Requirements?

September 14, 2016, 9 – 10 am  – Free Webinar, Click here to register.

The Department of Labor has issued new overtime regulations effective December 1, 2016. Under the new regulations, the minimum weekly earnings an exempt employee must earn will increase from $455 to $913 per week. In addition, the new regulations left in place the requirement that in order to be exempt from the overtime requirements, an employee’s primary duties must be considered exempt. But what are considered exempt duties? Under the law, an employee must be a working in a bona fide executive, administrative, or professional capacity.

Tune in to our webinar when Sadina Montani of the law firm of Vedder Price will discuss “what is a bona fide executive, administrative or professional employee”. Also, find out what steps an employer should take to make sure its employee are being properly classified. Now is the time to review your employee classifications, before the new wage limits go into effect.

The New Federal Overtime Rules: What Your Nonprofit Needs to Know

October 2016 (Date to be announced), Seattle, WA and Statewide Webinar

Links to resources

U.S. Department of Labor Q&A on new overtime rules, U.S. Department of Labor

U.S. Labor Department Publishes Overtime Regulations. How the Final Rule Applies to Nonprofits by the National Council of Nonprofits and The Nonprofit Association of Oregon

The 2016 Revisions to the Fair Labor Standards Act Regulations: What Nonprofits Need to Know, by The Nonprofit Center at La Salle University and the Ezold Law Firm