Understanding the Department of Labor's New Overtime Rules of 2020

Bob Mckenzie
Mar 11, 2021 - 03:00 PM
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The United States Department of Labor released its new overtime exemption rules, and they went into effect on January 1, 2020. For many employers that means that many of the positions it had previously classified as exempt from overtime requirements will not be any longer – unless these employees receive a salary increase equal to or greater than the new salary threshold. The new salary rules are expected to impact at least a million workers nationwide, and to result in a significant increase in the number of employees who will be eligible for overtime pay.

Why Should You Attend:

Wage and hour laws, including the new overtime rules are not on hold during the COVID-19 pandemic. Employers found in violation of wage and hour laws can end up owing their employees, back wages, liquidated damages in the same amount, plus the employees’ attorney fees—not to mention their own legal fees. In a class action lawsuit, the amount increases exponentially. Proper understanding of the new overtime rules will go a long way toward greatly reducing these risks.

In this webinar we will discuss the new rules. In particular we will discuss which jobs and which employers are likely to be impacted and what to do now in order to comply with the Fair Labor Standards Act.

Areas Covered in the Webinar:

  • Practical steps to take now;
  • The difference between the new DOL rule on overtime exemptions and the Obama-era proposal concerning
  • white-collar exemptions, salary basis and more;
  • How the proposed rule will affect highly compensated employees
  • How often the DOL anticipates it will update the salary level
  • How the DOL intends to handle the issue of automatic updates
  • How bonuses will factor into the salary threshold for exemption
  • Practical steps to either reduce the increase in overtime or to stay under the DOL’s radar.

Who Will Benefit:

  • Payroll Professionals
  • HR professionals
  • Managers
  • Compliance officers
  • Audit staff
  • Budget personnel's
  • Attorneys
  • Controllers

Webinar Events
Attend Live Webinar
Mar 11, 2021 - 03:00 PM

Duration: 60 Minutes

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LIVE + RECORDED VERSION


Training CD-DVD

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Recorded video

Recorded video session



Speaker: Bob Mckenzie,

Bob McKenzie has over 35 years of human resources management experience. His background includes a wide range of hands-on HR practices in a variety of industries and all areas of human resource management. He started McKenzieHR, a human resources management firm in Jacksonville, Florida in 2002. Bob has been cited in a number of Human Resources trade publications. Among them are HR.com, HR Magazine, HR Florida Review, The Jacksonville Business Journal, Vault.com, BNA and the Institute of Management and Administration. He has been a speaker at a number of conferences as well as national audio and web-based seminars. He has been the keynote speaker and a guest speaker at a number of conferences and business meetings. One of his major talents is teaching HR professionals about their field. He has been facilitating a class for 12 year preparing Human Resources professionals to take and pass the HR certification exam. He is proud to say that has an 80% pass rate for first time test takers, well above the national average of 52%. Bob is a graduate of Rider University where he received a Bachelor of Science in Commerce Degree and double majored in Industrial Relations and Organizational Behavior. He is actively involved in the Small Business Resource Network and has served on the Board of Directors of a number of non-profit organizations.


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