Posted on: 6/9/16
CHANGES TO EXEMPT EMPLOYEE STATUS
On May 18, 2016, the Department of Labor announced their Final Rule updating the overtime regulations, which will impact employees who may currently be classified as Exempt and not entitled to overtime pay. Employers may want to take this opportunity to audit employee job descriptions to ensure that those employees, whose salary does not meet the new minimum, still qualify for Exempt status based on the DOL's SALARY BASIS TEST.
Click HERE for more information.
*Marvin and Company, P.C. will be hosting a webinar on this topic on July 20 as part of our Marvin University Webinar Series. Stay tuned for details.