Exempt and Non-Exempt Updates

Dayna J. Reum, CPP, FPC

Dayna is currently the Director of Payroll Operations at a major medical center in Chicago. Dayna has been heavily involved in the payroll field over 20 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc. During Dayna’s time at Honeywell she obtained her FPC...

Pre-recorded

60 Mins

Dayna J. Reum, CPP, FPC

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Recent years have seen ongoing debates over overtime and minimum wage regulations. Significant changes have occurred following new legislation introduced on April 23, 2024, which went into effect on July 1, 2024. These updates to salary thresholds and overtime rules require employers to reassess their approach to managing their exempt workforce. Additionally, several states have enacted updated overtime rules that enhance protections for employees, adding layers of complexity for employers.

In this webinar, industry expert Dayna J. Reum, CPP, will provide an in-depth analysis of the latest federal and state overtime regulations. Participants will gain insights into how to effectively balance these regulations, ensuring accurate overtime calculations and compliance. Key topics will include recent minimum wage changes, legislative updates, and best practices for navigating and managing compliance with these new requirements.

Webinar Objectives

Attending this webinar will equip employers with the knowledge and tools needed to navigate the recent changes in overtime and minimum wage legislation. Participants will gain insights into federal and state requirements, understand the impact of these changes, and learn best practices to handle compliance effectively.

Webinar Agenda

Minimum Wage
Legislative Activity
Federal Overtime Requirements
Exempt vs. Non-Exempt
Overtime Concerns
Regular Rate of Pay
State Overtime Requirements
State-by-State Review
Best Practices

Webinar Highlights

Comprehensive review of federal and state minimum wage changes.
Guidance on managing minimum wage for states with higher rates than the federal level.
Overview of current legislative activity and its implications for employers.
Detailed review of federal overtime requirements, including:
- Exempt vs. Non-Exempt classifications
- Overtime concerns
- Importance and calculation of the regular rate of pay
In-depth analysis of state overtime requirements with a state-by-state review.
Explanation of federal regulation changes and necessary employer actions before the July 1, 2024, implementation date.
Discussion of the impacts on companies and best practices for handling regulatory changes.