The DOL published its highly anticipated overtime rules on May 18th, making 4.2 million more American employees eligible for overtime pay.
Taking effect December 1, 2016, employers need to take steps now to understand and minimize the significant impact this can have on your operations and budgets.
With the annual salary threshold for overtime doubling to $47,476, many employees may need to be reclassified from exempt to nonexempt. And while you, the employer, have no choice but to comply, some employees might feel that the change to hourly is an unwanted demotion.
How can you analyze your workforce to identify the appropriate changes you need to make, and effectively and successfully communicate these necessary changes to your workforce?
Join our panel of leading advisors, Gregory Stoskopf and Lisa Disselkamp with Deloitte, to learn strategies that will help you 1) make the right changes to your organization, and 2) communicate them in a way that will keep your workforce morale high and your practices in compliance.