ADP TotalSource® is pleased to announce that we are providing a state-of-the-art solution to help our clients comply with the new Fair Labor Standards Act (FLSA) regulations governing the overtime exempt status of most employees. Our solution combines new technology with the strength of our service teams. You should have received an email with more information, but if you missed it, click here to view the communication.
The Regulations
The regulations, which will be published in the Federal Register on May 23, 2016, increase the salary level from $23,660 to $47,476 per year, permit employers to include nondiscretionary bonuses, incentive pay and commissions to satisfy up to 10 percent of the new standard salary level, and provide for an automatic update to the salary every three years. No changes to the current duties tests were included in the final regulations. The effective date of the regulations is December 1, 2016.
The Department of Labor has released three technical guidance documents, designed to help private employers, non-profit employers, and institutions of higher education come into compliance with the new regulations. These guides along with additional resources, can be found in the following links:
Webcast
As part of our overall commitment to help you prepare for the new regulations, we will be presenting a live webcast featuring Tammy McCutchen from Littler Mendelson, P.C. Ms. McCutchen is the former Administrator of the Department of Labor’s Wage and Hour Division.
The Webcast will be presented on Tuesday May 24th, 2016 from 2 - 3:00 pm ET and will cover the following topics:
· Overview of the new regulations
· Our new technology and support solutions
· Key considerations and strategies to help ensure compliance
· Questions and Answers
Click here to register for the Webcast
Click here to submit your questions in advance. We will cover as many questions as possible during the webcast.
A recording of the webcast will also be made available on demand for all clients (including those who are unable to attend the live webcast) shortly after the live webcast.