This FREE Course is presented Courtesy of 501(c) Services
1 Lessons / 63 minutes / FREE
The U.S. Department of Labor (DOL) has released its final rule updating the requirements for employees to qualify for exemptions from overtime under the Fair Labor Standards Act (FLSA). The new rule is set to take effect December 1, 2016.
DOL expressly rejected calls for exemptions, exceptions or lower salary levels for nonprofits. Therefore, nonprofits will have to comply with the same rules, even though, unlike their for-profit peers, they may be unable to pass such wage increases on to “customers.”
The sector will have to get creative to try and bridge any increases in costs created by the new rule.
There are several things that can be done in advance of the implementation date that will be valuable.
Join us as our panel reviews what the changes are; what they mean for nonprofits; and ideas for measuring their impact and strategically enacting them.
We will also discuss options for compensation, training and communication.