The Wage and Hour division of the Department of Labor (DOL) and the Small Business Administration’s Office of Advocacy is hosting a webinar Oct. 17 that will focus on the implementation of recently updated overtime regulations.
As of Oct. 14, the webinar is full; however, DOL says an archived recording will be available after the event.
“Preparing for the Overtime Final Rule” will feature representatives from the Wage and Hour Division covering the basics of the new overtime rule, highlighting resources and guidance available for employers and answering compliance assistance questions.
The webinar will feature a Q&A portion. The DOL encourages participants to submit questions in advance by email.
The National Association of Landscape Professionals (NALP) is encouraging industry members to educate themselves on the rule by attending the webinar.
“We continue to advocate on behalf of our members for a more common sense implementation that phases in the increase rather than having it all hit at once, as is proposed under the DOL rule,” the association wrote in a release. “However, unless Congress takes action, the new rule is scheduled to go into effect on Dec. 1 of this year. Consequently, we want to make sure that landscape professionals fully understand what the new rules mean for employers and how to best prepare for the implementation of the new overtime standard.”
The rule states anyone making less than $47,476 per year must receive time-and-a-half pay for hours worked beyond 40 hours per week, roughly double the current threshold of $23,660. The salary level will be increased every three years, starting in 2020, to match inflation. The rule will make 4.2 million salaried workers newly eligible for overtime pay, NPR reports, and could affect millions of others who are technically eligible but not receiving overtime. Overall, the Economic Policy Institute estimates that 12.5 million workers will benefit from the new rule.
“Our whole mission here is about strengthening and growing the middle class,” Labor Secretary Tom Perez told NPR. “In order to do that, we need to ensure that middle class jobs pay middle class wages.”
Photo: U.S. Department of Labor
Updated 10/14/16
