New DOL Regulations on Salaried Exempt Employees

Duration: 60 Minutes
This webinar will discuss the new regulations from the Department of Labor (DOL) related to white collar salaried exempt employees. Effective December 1, 2016, the minimum amount of salary to qualify for an exemption jumps from $455/week to $913/week. Employers need to take actions now in advance of the new regulations.
New DOL Regulations
Instructor: Bruce E. Buchanan
Product ID: 501760
Objectives of the Presentation
  • What are the new DOL regulations?
  • Why are they being implemented?
  • Actions for employers to take now - reclassify employees, reduce hours, or increase salary to threshold
  • If re-classify to hourly, how can employer appropriately calculate so that employee receives approximately same amount of money
  • Financial impact of new regulations
  • Explaining new regulations to employees
Why Should you Attend
The new regulations will have a major impact on most employers because many current salaried exempt employees will no longer meet the new minimum weekly salary. Thus, these employees are subject to becoming hourly employees, who are eligible for overtime.

Areas Covered
  • DOL regulations for salaried-exempt employees
  • Employer actions to take
  • Financial impact
  • Re-classify employees
  • Reduction of employees' hours
  • Increase salary
  • Current ‘white collar' exemptions
Who will Benefit
  • HR managers
  • Payroll employees
  • Office managers
  • Compliance officers
  • Owners
  • CFOs
Topic Background
After months of speculation, on May 18, the US Department of Labor released its much-anticipated final rule that raises the white collar overtime exemption threshold under the Fair Labor Standards Act (FLSA). The new regulations take effect on Dec. 1, 2016. As a result of this regulation, businesses will need to start tracking hours for exempt salaried employees who are at or below the threshold.
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Instructor Profile:
Bruce E. Buchanan is a founding partner at Sebelist Buchanan Law PLLC with offices in Nashville and Atlanta, where he primarily represents employers in all aspects of immigration law, with a special emphasis on employer immigration compliance, as well as employment/labor law matters. Additionally, he is "Of Counsel" to Siskind Susser concerning employer immigration compliance matters.

Mr. Buchanan received his law degree from the Vanderbilt University School of Law in 1982. He served as senior trial specialist for the National Labor Relations Board for 20 years. Mr. Buchanan also served for 12 years as Adjunct Professor at William H. Bowen UALR School of Law. He went into private practice in 2003 and formed his own law firm in late 2015.

Mr. Buchanan authors his own blog on employer immigration compliance for ilw.com, located at www.employerimmigration.com and is a monthly contributor to HR Professionals Magazine. He is also the editor of the Tennessee Bar Association's Immigration Law Section Newsletter and past-Chair of the TBA's Immigration Law Section. Mr. Buchanan is admitted to practice in Tennessee, Georgia, Florida, and Arkansas, and before the U.S. Court of Appeals for the Fifth, Sixth, Eighth and D.C. Circuits.
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