Overtime Update 2024 Current and Pending Legislation
Dayna J. Reum
Live: One Dial-in One Attendee
Corporate Live: Any number of participants
Recorded: Access recorded version, only for one participant unlimited viewing for 6 months ( Access information will be emailed 24 hours after the completion of live webinar)
Corporate Recorded: Access recorded version, Any number of participants unlimited viewing for 6 months ( Access information will be emailed 24 hours after the completion of live webinar)
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3-hour e-learning course = 3 PDCs.
Overtime and minimum wage has been a hot topic for the last several years, legislation almost went into in effect in 2017 but was stopped by several states coming forward with legal action.
But new legislation was released on April 23, 2024, that has updates beginning as soon as July 1, 2024, to the salary thresholds along with additional updates required by 1/1/2025.
This put employers into the situation to make some key decisions on how to handle their exempt workforce. Again, in late November of 2024, a judge in Texas ruled that the DOL overstated its authority and stopped reversing previous changes. Leaving employers to ask what now.
This webinar will be the most up-to-date based on the run date. Many states have also updated their overtime rules that are more generous to employees. This webinar will explain how the balance the federal overtime rules with the state overtime rules. The most up-to-date Overtime requirements and review legislative attempts to make sure employers have the correct overtime calculation.
Why should you Attend:
- Federal and State Minimum Wage Review to Include 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 and what employers need to do before July 1, 2024, and how to amend based on Nov 2024 decision
- Impacts of changes to companies and best practices on how to handle them
Areas Covered in the Session:
- Minimum Wage
- Legislative Activity
- Federal Overtime Requirements
- Exempt vs. non-exempt
- Overtime Concerns
- Regular Rate of Pay
- State Overtime Requirements
- State by State Review
- Best Practices
- Payroll and Tax Professionals
- HR Professionals
Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee). Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA. Besides her payroll accomplishments Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.