New Regulation from Department of Labor Definition of Exempt Employees

Why Should You Attend:

DOL has proposed to increase the minimum amount of salary to qualify for an exemption from $23,660 to $50,440.

This Webinar will discuss the new proposed DOL regulations and why are they being proposed 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. What is the financial impact of new regulations and process to explain new regulations to employees?

Learning Objectives:

• What are the new proposed DOL regulations?
• Why are they being proposed?
• 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

Areas Covered in the Webinar:

Department of Labor’s July 2015 Proposal

• Expand threshold salary from $455/week to $970/week for Executives, Administrative & Professional Employees.
• Expand threshold salary for “Highly Compensated Employees” from $100,000 to $122,148 per year

Why Proposal?

• Weekly salary threshold was eroded due to inflation
• Last raised in 2004
• Estimated 4.6 million currently exempt employees would be impacted

How Employers May Respond to New Regulations

• Reclassify salaried workers as hourly workers
• Reduce hours to reduce overtime
• Increase salary of employees near threshold

What Should Employers be Doing Now

• Review salaries of all salaried employees
• Review job descriptions & job duties
• Review potential financial impact
• If reclassified to non-exempt, identify appropriate hourly wage rate, hours worked
• Be ready to explain to employees being reclassified as to why and what impact

Who Will Benefit:

• HR Managers
• Office Managers
• Payroll Managers
• Compliance Officers
• Owners
• CFOs

Instructor Profile:

Bruce E. Buchanan is an attorney at the Nashville and Atlanta offices of Siskind Susser P.C., 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. Mr. Buchanan received his law degree from the Vanderbilt University School of Law in 1982. He served from 1991 to 2003 as adjunct professor at William H. Bowen UALR School of Law.

Mr. Buchanan writes blogs on employer immigration compliance for ilw.com and LawLogix, and is a regular columnist for HR Professionals Magazine as well as the editor of the TBA's Immigration Law Section Newsletter and Labor & Employment Law Newsletter. Mr. Buchanan is Chair of the Tennessee Bar Association's Immigration Law Section. He serves on the American Immigration Lawyers Association’s National Verification Committee.

Mr. Buchanan is admitted to practice in Tennessee, Georgia, Florida, and Arkansas, before the U.S. Court of Appeals for the Fifth, Sixth, Eighth, and D.C. circuit

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