- This event has passed.
Nonprofit Overtime Webinar
November 5, 2019 @ 2:00 pm
Nonprofit Overtime Webinar
On Tuesday, November 5 at 3:00 pm Eastern, the networks of the National Council of Nonprofits are hosting a national presentation to help all in the charitable community understand what the Overtime Final Rule means to nonprofit operations and missions, and what nonprofits should be doing now to prepare. We will be joined by officials from the U.S. Department of Labor and experts from groups representing workers and employers who will present their unique perspectives and answer questions from nonprofits.
Labor Department Issues Overtime Final Rule
On Sept. 24, the U.S. Department of Labor announced its Overtime Final Rule that adjusts the salary level test, part of a three-part test for determining when white-collar workers are exempt or must be paid overtime for working more than 40 hours in a week. The new rule raises the salary threshold for the white-collar exemption from overtime pay to $684 per week ($35,568 per year), up from the current level of $455/week ($23,660 per year). Effective January 1, 2020, the Final Rule also raises the salary threshold for highly compensated employees who are exempt from FLSA overtime pay requirements from $100,000 per year to $107,432 per year and allows employers to satisfy up to 10 percent of the standard salary level by using nondiscretionary bonuses and incentive payments.
Speakers
Derrick Witherspoon and Sirena Bazile-Cox
U.S. Department of Labor
Catherine Ruckelshaus, Esq.
National Employment Law Project
Jennifer Prozinski, Esq.
Venable Law Firm
Moderator: David L. Thompson, Esq
National Council of Nonprofits