Webinar Recording: Unpacking and Navigating the DOL’s New Overtime Exemption Rule

About the Program

The U.S. Department of Labor has announced its final rule modifying the FLSA’s overtime exemptions for executive, administrative, and professional employees. The final rule significantly raises the minimum salary to qualify for exemption, with initial increases to take effect on July 1, 2024. The rule also calls for automatic, formulaic increases to the salary threshold every three years.

The new rule commands attention from virtually all employers. It is critical for employers to understand the nuances and ramifications of this rule.

Please join us as our experienced panel explores:

An overview of the changes in the final rule,
Best practices for assessing and executing reclassification decisions,
Common compliance hurdles and strategies to overcome them,
Broader implications of the rule change for employers and the workplace; and
Anticipated challenges the new rule is likely to face in court, as well as the potential impact of the November election.

Speakers

Kevin Young, Partner, Seyfarth Shaw LLP
Scott Hecker, Senior Counsel, Seyfarth Shaw LLP
Ariel Fenster, Associate, Seyfarth Shaw LLP

Learn more about our Wage Hour Class & Collective Actions practice.

If you have any questions, please contact Kate Stacey at kstacey@seyfarth.com and reference this event.

To comply with State CLE Requirements, CLE forms requesting credit in IL or CA must be received before the end of the month in which the program took place. Credit will not be issued for forms received after such date. For all other jurisdictions forms must be submitted within 10 business days of the program taking place or we will not be able to process the request.

Our programming is accredited for CLE in CA, IL, and NY. Credit will be applied as requested, but cannot be guaranteed for TX, NJ, GA, NC and WA. The following jurisdictions may accept reciprocal credit with our accredited states, and individuals can use the certificate they receive to gain CLE credit therein: AZ, AR, CT, HI and ME. For all other jurisdictions, a general certificate of attendance and the necessary materials will be issued that can be used for self-application. CLE decisions are made by each local board, and can take up to 12 weeks to process. If you have questions about jurisdictions, please email CLE@seyfarth.com.

Please note that programming under 60 minutes of CLE content is not eligible for credit in GA. programs that are not open to the public are not eligible for credit in NC.