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Free Session on May 9 to Discuss Changes to Overtime Rules

Posted May 09, 2016 09:16 AM
Later this year the U.S. Department of Labor is expected to make changes to overtime rules in the Fair Labor Standards Act (FLSA). We will offer a FREE interactive and informative session on May 9, 2016 from 10:30 a.m. to 12:00 p.m. at Pacific Tower that will provide an overview of the proposed rule changes and leave you with a better understanding of its implications for your nonprofit. We will also offer a webinar on June 16 that will cover the same material.

Later this year the U.S. Department of Labor (DOL) is expected to change the Fair Labor Standards Act (FLSA) rules that define which staff members need to be paid overtime.

501 Commons is offering a free interactive and informative session on Monday, May 9 at Pacific Tower from 10:30 a.m. to 12:00 p.m. that will provide an overview of the proposed rule changes and leave you with a better understanding of the legal and financial implications for your organization.

The DOL’s changes to FLSA laws may require nonprofits to pay overtime compensation to employees who are currently considered “exempt.” Under the proposed rules, anyone paid less than $50,440 annually must be paid overtime, even if they have supervisory or management responsibilities.

It is important that you know how these rules apply to your organization and staff. These changes will affect the budgets of many nonprofits and you many need to consider staffing changes, salary adjustments, and modifications to work hours for your staff. You may have to reduce flexibility to work variable hours, or have seasonal variations in staff schedules. You may find you have to make changes in service hours or program designs.

Speaker Nancy Kasmar (Principal of Compensation Connections) will discuss the proposed changes to FLSA laws. She will help you consider how you should evaluate your current HR practices and how you can prepare to adjust to these rule changes.

For those of you who cannot make it to the in-person May 9 session, we will also host a free webinar on June 16 from 1:00 to 2:00 p.m. that will cover the same material.

Please read this blog post if you need further background information regarding this important topic. Be prepared for change!