New overtime rules


If you’ve been reading stories, like this article from the Wall Street Journal, and have become concerned (somewhere between mildly curious and shaking in your boots) about the proposed changes to overtime rules, here are a few pointers:

  • Step back
  • Take a breath
  • It’s not carved in stone—yet

Golly, you’d think it was 2004 all over again

In case you don’t remember, 2004 was the last time significant changes were made to the FLSA (Fair Labor Standards Act) and the world of management as we knew it did not come to an end. Yes, some things changed and maybe a few folks got a little queasy about it but no one kicked the bucket because of it. (At least not that I know of and I’m pretty sure I would’ve heard about that if it had happened.)

Don’t panic

Think about all the resources at your disposal. For example, if you’re looking for an easy way to not only keep track of events as they’re happening but to learn how the new rules (if they do become new rules) will impact your organization, check out all the resources at BLR.

I know, I promised early on that I wouldn’t plug my day job but this is an emergency (sort of) and we all need a reliable resource that will help manage this world changing, earth shattering, impending doom that is befalling all around us. (That was not a panic attack!  It was  just me being empathetic.)

Do the research

Now, let’s get down to business. Find the information and tools you need to be prepared for any changes that may be coming down the pike. Here are a few to get you started:

Overtime Rules Calculator: 2015-2016

The new FLSA regulations: What changed, what’s next for employers

Proposed increases to salary level for exemption from overtime

HR’s Strategic Response to Newly Published DOL Overtime Exemption Rules:

DOL Overtime Exemption Rules Change Impact on California Employers: How to Manage Massive New Wage and Hour Risks

Thank you for your time and now let’s all get back to work.
Advertisements

Please share your thoughts.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s