Overtime rule

Many companies will have to conduct cost-benefit analyses in light of the new rules and determine whether or not they will need to reclassify some employees, which could potentially affect their benefits.

The DOL’s new rules, set to be announced today, offers a “token reduction” in the salary threshold for overtime pay and will cause harm to employers, says SHRM’s Lisa Horn.

As the DOL prepares to release its regulations, Ceridian’s Jim O’Connell shares how advisers can assist employers with compliance.

Companies are counseled to conduct wage and hour audits in preparation for upcoming Department of Labor rules.

The DOL’s proposed changes are expected to be released as early as this month and will have a dramatic effect on employers’ compensation programs, according to the Partnership to Protect Workplace Opportunity.

Employer clients that have yet to start preparing for the proposed changes are already falling behind, lawyer Tammy McCutchen said during SHRM’s legislative conference.

Companies that have yet to start preparing for the DOL’s proposed changes are already falling behind, said lawyer Tammy McCutchen during SHRM’s legislative conference in Washington, D.C.