How Will DOL’s New Overtime Regulation Affect Your Business? Join MSCI For A Free Webinar On Wednesday, November 16
On Wednesday, November 16 at 12 p.m. ET/1 p.m. CT, the Metals Service Center Institute (MSCI) will hold a free webinar for its members regarding the U.S. Department of Labor’s (DOL) new overtime rule. Winston & Strawn's Mike Mulhern and Heather Lehman will discuss the new regulation, which was issued in May 2016 and becomes effective December 1, 2016.
Among other changes, the rule broadens federal overtime pay requirements to cover certain employees not previously entitled to overtime by raising the minimum salary threshold to qualify for the “white collar” exemption. The webinar will cover compliance issues relating to the new salary threshold, as well as changes to the annual compensation requirement for highly-compensated employees and changes to the salary basis test.