Prepare for the Upcoming Changes, Challenges, and Conversations
Employers are preparing for the Department of Labor (DOL) overtime updates that will affect salaried exempt employees earning $47,476 or less per year.
As employers consider reclassifying employees and potentially changing compensation for hours worked, their ability to communicate effectively with affected employees will have a major impact on their organization.
Download Paycor’s Essential Employer Conversation Guide to help manage challenging conversations with affected employees.
On November 22, 2016 a U.S. District ruled in favor of an injunction blocking the final overtime rules from being implemented on December 1, 2016. At this time, we are awaiting more information on updates to the rule and the final implementation date.
If you have implemented changes already, we recommend businesses not change any plans, pay structures, or policies that have been updated.