Wednesday Jun 05, 2024

33. What You Need to Know About the New Overtime Ruling

Chris Cooley sits down with Sr HR Consultant Emily Frederick to discuss what you need to know about the upcoming Overtime Changes.

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Timestamps:

1:10 Who will this affect?

2:25 How will the salary requirement change? Emily discusses the current salary threshold requirement vs. what the salary threshold will increase to.

4:32 What are the requirements on who is to be paid overtime (nonexempt employee) vs who is not (exempt employee)?

6:40 Explains the "step implementation" process for this ruling.

10:53 What is the process that an employer needs to go through? 

12:42 What happens if there is a stay on the ruling?

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