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White Paper

Options A Plenty - Creative Ways to Comply with New Overtime Rules

 
“On May 16, 2016, the United States Department of Labor (DOL) issued its long anticipated final rule updating the overtime regulations. This is probably the most significant wage and hour legal development in the last decade or longer. The final rule, which goes into effect on December 1, 2016, is intended to either put more money in the pockets of many workers by increasing their salaries or paying them more overtime or to give workers more free time by limiting their work to 40 hours in a week. The final rule is also intended to prevent the future erosion of overtime protections by automatically increasing the salary threshold every three years based on wage growth over time. This article will discuss the requirements of the final rule and set forth several possible options for implementing the rule for an employee who is currently classified as exempt but receiving a salary below the new minimum threshold.

NEW OVERTIME RULES
The final rule issued by the DOL will attempt to accomplish its dual goals of putting more money in workers’ pockets or giving workers more free time in three ways:”

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Quentin Smith is a shareholder/director with Sheehan & Sheehan, P.A.. He represents employers only in employment litigation and on preventative personnel practices.
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Options A Plenty - Creative Ways to Comply with New Overtime Rules

Agenda

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Options A Plenty - Creative Ways to Comply with New Overtime Rules

Faculty

Quentin Smith

Quentin Smith

Sheehan & Sheehan, P.A.

  • Shareholder/director of Sheehan & Sheehan, P.A.
  • Achieved the highest rating with Martindale-Hubbell® law directory
  • Super Lawyers®, Rising Star (Employment Litigation: Defense), 2012 – Present
  • Certified Specialist in Employment and Labor Law, New Mexico Board of Legal Specialization
  • Leadership New Mexico CONNECT Graduate, 2016
  • Albuquerque Business First, Forty Under 40 Award Recipient, 2016
  • Can be contacted at [email protected] or (505) 247-0411
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Options A Plenty - Creative Ways to Comply with New Overtime Rules

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