DOL Overtime Changes: Is Your Business Ready?
The Department of Labor recently announced final updates to the Fair Labor Standards Act. If you’re not prepared this update could cost you thousands in higher wages or employees lawsuits.
According to Paycor data, 64% of businesses are affected by this update.
Paycor’s 7 Step Guide to Mastering Department of Labor Overtime Updates helps employers understand if they are affected and the actions they need to take for this impending rule change. Utilizing this guide and Paycor’s solutions can help you ensure you answer important questions, such as:
- Is my organization affected?
- Which employees are affected?
- What do I need to do to prepare my organization?
- How can I control my costs as a result of this proposed update?
Download the 7 Step Guide today to ensure you’re prepared to comply.
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.