How the DOL's Changes to Overtime Rules Will Impact Employers

Address

Webinar
2:00 p.m. to 3:00 p.m. Eastern
1:00 p.m. to 2:00 p.m. Central
12:00 p.m. to 1:00 p.m. Mountain
11:00 a.m. to 12:00 p.m. Pacific

Cost

There is no cost to attend this program, however, registration is required.

Earlier this week, the U.S. Department of Labor’s Wage & Hour Division announced its long-awaited proposal to amend 29 CFR Part 541, the “white collar” exemption for executive, administrative, and professional employees. If implemented, this proposal would increase the salary levels required for the exemption and the highly compensated exemption—more than doubling the standard salary from $455 to $970 per week ($50,440 per year) and increasing the highly-compensated salary requirement to $122,148 per year. The Department’s proposal also leaves open the possibility of significant changes to the exempt duties tests.

Please join members of Seyfarth Shaw's Exempt Status Amendments Taskforce, including the former head of the Wage & Hour Division, as we discuss the business, legal, and policy considerations and challenges facing employer as a result of the Department’s proposal.

Topics will include:

The specifics of the Department’s proposal, including some under-the-radar issues identified in the preamble
How the Department left open the issue of changes to the duties tests, and what might be expected as a result
What employers should be doing now to respond to the rulemaking and in preparation for the inevitable final regulations

In the coming weeks, our Exempt Status Amendments Taskforce will be hosting informative roundtable discussions in several Seyfarth Shaw offices. Please be on the lookout for details for one in a city near you.