The Department of Labor’s (DOL) final overtime rule will take effect December 1, 2016, and based on DOL estimates, will expand overtime protection to cover more than 4.2 million additional workers. The financial impact of the increased salary threshold is very real for educational institutions and nonprofit organizations.
McGuireWoods provided an overview of new regulations and how they will affect the nonprofit and education industries. Topics included next steps, compliance strategies and tips for communicating changes to employees.
Melissa Wolf Riley, Counsel, McGuireWoods LLP
June 16, 2016
Learn about FLSA coverage for non-profits, and how to introduce and adopt the new rules.
June 22, 2016
Learn about specific types of employees likely to be affected (i.e., admissions and coaching personnel), and best practices for adjusting pay and hours.