Overtime Rule Changes 2024

OVERVIEW

The U.S. Department of Labor has announced a new federal overtime rule that will come into effect on July 1, 2024.

Under this rule, employees earning below $43,888 as of July 1, 2024, and subsequently below $58,656 starting January 1, 2025, will qualify for overtime pay. The rule specifically pertains to the Fair Labor Standards Act’s exemptions for white-collar positions categorized as "executive, administrative, and professional." These exemptions determine which employees are not entitled to overtime compensation under federal law when they exceed 40 hours of work in a week.

Employers must attend this webinar to grasp and execute the required adjustments to ensure compliance with these updated regulations.

WHY SHOULD YOU ATTEND?

The landscape of labor laws and regulations governing overtime pay is continually evolving, reflecting shifts in workforce dynamics, economic conditions, and societal expectations. Attending this webinar will equip you with the knowledge and tools necessary to navigate and comply with the new overtime rule effectively, ensuring your small business remains competitive and legally compliant.

AREAS COVERED

Federal and State Minimum wage review to include the most up-to-date changes
Discussion on how companies should handle minimum wage for states with higher rates than 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 what are they and when we as employers need to be ready
Impacts of changes to companies and best practices on how to handle them

TOPIC BACKGROUND

The new overtime rule effective July 1, 2024, presents both challenges and opportunities for small businesses. By proactively addressing these changes and ensuring compliance, small business owners can not only avoid legal pitfalls but also create a fair and equitable workplace that benefits both the employer and employees.

Purchase options

Option	Price
Recorded Link Only	$299
Recorded USB Only	$299
Corporate Recording (Upto 10 Attendees)	$599

*Training USB will be shipped within 7-10 working days. *Buy Now Pay Later option is available in the payment cart page.
*In case you're unable to attend the live session, we'll make sure you receive the recording promptly.

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Email: [email protected]

Call: +1-855-202-3299

Dayna J Reum

Director of Payroll Operations at Ann & Robert Lurie Children’s Hospital of Chicago

About speaker

Dayna currently is the director of payroll operations at a major medical center in Chicago and has been heavily involved in the payroll field for more than 20 years. She started as a payroll clerk at a small Tucson company but moved on to be a payroll team leader at Honeywell Inc. During her time at Honeywell Inc., she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. Dayna has also received several merit awards for customer service acquisitions, and divestiture.

Dayna is no stranger to teaching; she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics include Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, and international and Canadian payroll.

She also serves on the National American Payroll Association the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee), and received a citation of merit for her service along with being a gold pin member of the APA. Dayna is also a CPP (Certified Payroll Professional) through the APA certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.