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Payroll & Taxes

The DOL Overtime Ruling is on Hold, Now What? [Webinar]

FrankCrum
by FrankCrum on December 8, 2016

The_DOL_Ruling_Has_Been_Put_On_Hold.jpgThe Department of Labor ruling that was scheduled to go into effect at the beginning of this month, was halted by a Texas judge just days before the December 1st effective date.  The judge issued a preliminary injunction which simply preserves the existing overtime rule until the court has a chance to review it again.  The DOL filed an appeal to have that injunction reversed, but because of the change of leadership in Washington, it could be months before a new decision is reached.

The new regulations would have meant that millions of employees would be reclassified as non-exempt. Therefore, any employee making less than $47,476 per year ($913 per week) would be entitled to overtime.  That obviously would have changed the way employers paid their employees as well as the way they handled paperwork.

The DOL Overtime Ruling is on Hold, Now What?

Register for this free informative session, where we will be providing guidance on:

  • What the court ruling means for your business
  • How to understand your options moving forward
  • How to go about implementing future changes if needed
  • What is not affected by the ruling 

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FrankCrum
ABOUT THE AUTHOR
FrankCrum

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.