Overtime and minimum wage has been a hot topic for the last several years, legislation almost went into in effect in 2017 but was stopped by several states coming forward with legal action. But new legislation was released on April 23, 2024, that have updates beginning as soon as July 1, 2024 to the salary thresholds along with additional updates required by 1/1/2025. However, with all this said on Nov 15th a federal judge in Texas to strike down the overtime rules. Including the July 1, 2024, changes. This has put employers into the situation to ask some key questions on how to handle their exempt workforce.
Session Highlights
This webinar will be the most up to date based on run date. Many states have also updated their
overtime rules that are more generous to employees. This webinar will explain how the balance the
federal overtime rules with the state overtime rules. The most up to date Overtime requirements and review legislative attempts to make sure employers have the correct overtime calculation.
- Federal and State Minimum wage review to include most up to date changes
- Discussion on how companies should handle minimum wage for states with higher rates then federal.
- Current legislative activity and what it means to employers
- Review Federal Overtime Requirements
– Exempt vs. non-exempt
– Overtime Concerns
– Regular Rate of Pay why it is important and how to calculate - State Overtime Requirements
– State by State Review - Details of federal regulation changes and what employers need to do before the July 1, 2024 go live date.
- Impacts of changes to companies and best practices on how to handle them.
Why Should You Attend?
Navigating overtime and minimum wage compliance has become increasingly complex, with ongoing legislative changes at both federal and state levels. The recent updates to salary thresholds, set to take effect on July 1, 2024, and January 1, 2025, have now been challenged by a federal judge in Texas, creating uncertainty for employers.
This webinar will provide the most up-to-date insights on overtime and minimum wage regulations, helping you understand how to balance federal and state requirements while ensuring compliance. With many states enforcing more employee-friendly overtime laws, it’s crucial to know how to correctly classify exempt vs. non-exempt employees, calculate overtime pay, and adapt to legislative changes.
By attending, you will gain:
✅ A clear understanding of the latest federal and state wage laws
✅ Guidance on handling conflicting federal and state overtime rules
✅ Best practices to ensure compliance with minimum wage and overtime requirements
✅ A state-by-state review of evolving overtime laws
✅ Actionable strategies to protect your organization from legal risks
Don’t leave your business vulnerable to costly penalties and compliance issues. Join this session to stay ahead of the latest updates and safeguard your workforce policies!
Who Will Benefit:
- Human Resources Professionals
- Payroll Administrators
- Business Owners and Managers
- Legal Advisors
- Compliance Officers
- Small to Medium-sized Enterprises (SMEs)
- Anyone Involved in Workforce Management
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