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Payroll & Taxes

DOL New Overtime Rule [Webinar]

by FrankCrum on June 21, 2016

hero_image-928151-edited.jpgThe Department of Labor (DOL) has issued its final ruling regarding the changes to pay regulations for exempt employees, which may have a serious impact on the way most employers pay their employees.  Although this change hasn’t gone into effect yet, you need to understand what this ruling means, be prepared and plan ahead.

Since 2004, the minimum weekly salary has been $455/week. Now, with the announcement of the final ruling, the new minimum weekly salary for exempt employees will be $913 per week (or $47,476.00 per year), effective December 1, 2016

DOL Final Rule: Overtime, Exemptions and Pay Provisions Webinar

Our webinar will explain the details of the new ruling and provide clarification on what it means to be exempt or non-exempt and why it is important. 

Watch our webinar, to learn the following:

  • The details of the new ruling on exemptions and overtime from the DOL
  • Clarify exempt vs. non-exempt and why this is important
  • Tips on planning for the changes with your payroll practices and policies 
  • What you should do to plan for the changes with your employees
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FrankCrum is a professional employer organization (PEO), founded in 1981 dedicated to helping business owners boost HR capabilities and broaden convenient services and benefits to employees. The origin of FrankCrum dates back to 1981, when Frank W. Crum, Jr. and his father, Frank Crum, Sr., founded the Great American Temporary Service. With a passion for helping small business owners succeed, the company has evolved and grown over several decades.