The U.S. Department of Labor has proposed sweeping new regulations designed to expand overtime protections for millions of workers employed by nonprofits, for-profits, and governments. To be exempt currently, workers must make more than $455/week ($23,660 annually). The proposed rule sets the standard salary level at the 40th percentile of weekly earnings for full-time salaried workers. If implemented in 2016, the level is projected to be $970 a week or $50,440 annually. If these new regulations are implemented, it will have a tremendous impact on nonprofits.
We will discussing exempt versus non-exempt employees and how organizations should be preparing for the potential impact
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