FLSA Overtime Rule Resources
Everything you need to know about the FLSA overtime rule changes
May 18, 2016 - SHRM
The U.S. Department
of Labor (DOL) published monumental changes to the overtime rule that will make
approximately 4.2 million currently exempt employees eligible for overtime pay
later this year.
All employers will have to comply with the changes made to the overtime
regulations of the Fair Labor Standards Act (FLSA) by Dec. 1, 2016.
You can learn more about the overtime rule changes and how to implement them
within your organization using the content and tools
below:
Topics:
What Is The New FLSA Overtime Rule?
- The rule extends overtime protections to 4.2 million
workers who are not currently eligible under federal law.
- Workers who earn as much as $47,476 a year ($913 a week)
will have to be paid overtime, even if they're classified as a manager or
professional.
- The Department of Labor will increase the salary threshold every
three years. Based on current projections, the salary threshold is
expected to rise to more than $51,000 with its first update on January 1,
2020.
- Employers must comply with the new regulations by December 1,
2016.
- Full Coverage: Overtime Rule Issued; Increase Every Three Years
Included
- Read
the text of the rule here.
What It Means For Your Organization:
What HR Professionals Need To Do:
Use these resources to help your company comply with the new overtime
regulations when they are released:
SHRM'S Action On Changes To The FLSA Overtime Rule Exemptions: