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New Overtime Rule Changes 2016: What Workers & Employers Need To Know

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NEW OVERTIME RULES (2016) 4 Key Points Every “White Collar” Employee Should Know
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Page 1: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

NEW OVERTIME RULES (2016)

4 Key Points Every “White Collar” Employee Should Know

Page 2: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

What’s The Effective Day Of The Final Rule?

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Page 3: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

December 1, 2016

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Page 4: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

Who’s Affected By This Rule?

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Page 5: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

“Exempt” Employees

Executive Professional

Administrative

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Page 6: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

• supervise at least 2 employees on an ongoing basis

• have management as the primary task

• have input into hiring, promoting and firing

Exempt Executive Employees:

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Page 7: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

• typically have highly specialized skills

• might be tasked with more creative job duties (require special skills)

• exercise discretion and make decisions on their own

Exempt Professional Employees:

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Page 8: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

• work related to managing or operating the business

• work that requires use of their own judgment and discretion

• clerical, office or non-manual work

Exempt Administrative Employees:

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Page 9: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

How Does This Rule Affect “Exempt” Employees?

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Page 10: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

1. Changes Salary Threshold

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Page 11: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

Salary Level

Before After

$455 per week $913 per week

Want To Know What Damages You May Be Entitled? Ask an Employment Attorney (FREE) Here: http://www.floridaovertimelawyer.com/2016-regulation-changes-exemptions-duties/

Page 12: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

2. Sets Total Annual Compensation Level for HCE

(Highly Compensated Employee)

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Page 13: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

Salary Level (HCE)

Before After

$100,000 annually $134,004 annually

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Page 14: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

3. Maintains The Salary And Compensation Levels

(Automatic Adjustments)

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Page 15: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

Automatic Adjustments

Before After

None Every 3 years

Source: DOL.govRichard Celler Legal, P.A.

Page 16: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

4. Allows Use Of Nondiscretionary Bonuses

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Page 17: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

Bonuses

Before After

No provision to count non-discretionary bonuses toward the standard salary level

Up to 10% of the salary can come from bonuses or commissions (paid at least quarterly)

Page 18: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

Options For Employers?

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Page 19: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

• Limit workers’ hours to 40 per week

• Raise workers’ salaries above the new threshold

• Pay time-and-a-half for overtime work

• Combination of the above

Employers Can:

Page 20: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

Failure To Implement Overtime Changes?

Page 21: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

• Private lawsuits• Criminal charges• Civil fines (up to $1,100 per

violation)• “Hot Goods” provision

Compliance Penalties:

Page 22: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

Have Questions?

Connect With Me On Google+: https://plus.google.com/+Floridaovertimelawyer/

Page 23: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

LEARN MORE ABOUT THE NEW OVERTIME RULE

Page 24: New Overtime Rule Changes 2016: What Workers & Employers Need To Know

“We Protect Your Rights in the Workplace,So You Can Focus on Protecting Your Family”

http://www.floridaovertimelawyer.com

(866)[email protected]

Richard Celler Legal, P.A.

7450 Griffin Road, Suite 230Davie, FL 33314

Phone: 954-903-7475

We Offer a FREE Initial Case Review So You Can Get Answers for Your Employment Law Questions


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