3. Start planning for the new $35k overtime threshold. Get ready to crunch the numbers again. After years of false starts and lawsuits, it appears this new version of the overtime salary threshold may actually be finalized – possibly by the new year. The proposed changes call for white-collar employees earning up to $35,308 per year to be eligible for overtime – a 50% jump from the current salary threshold of $23,660 that’s been in place since 2004.
This means at least one million additional white-collar employees could suddenly be reclassified. Employers can take many different steps now to minimize the impact, including giving raises or bonuses to affected employees to go above the threshold. (Learn the changes and the necessary strategies at the HR Specialist Summit.)
Payroll may be the most heavily regulated aspect of HR – and those regulations have teeth. You can make sure you’re staying in compliance and get all your payroll questions answered at the HR Specialist Summit, Sept. 4-6. Plus, you’ll have a fabulous time with your peers at the legendary MGM Grand Resort & Casino.
See you in Las Vegas!
Dan Kaplan, Esquire
Moderator, 2019 HR Specialist Summit
P.S. Two FREE Bonus Gifts. All HR Specialist Summit attendees will receive comprehensive course materials … 6 months of our HR Specialist newsletter … PLUS 6 months of our HR Specialist: Premium Plus online service – a combined $597.00 value – yours FREE!
P.P.S. We’ve negotiated our lowest room rate EVER with The Signature at MGM Grand – a quieter, all-suite resort hotel adjacent to MGM Grand (and much closer to the Summit meeting rooms). But rooms are extremely limited, so book yours today!
P.P.P.S. We promise you’ll be satisfied. If the HR Specialist Summit fails to meet your needs, we will immediately refund 100% of your tuition. No questions asked – and your free bonus gifts are yours to keep.