The U.S. Department of Labor recently finalized new overtime rules that are scheduled to go into effect on December 1, 2016. The changes are dramatic, including increasing the minimum salary required for exempt employees from $23,660 to over $47,000 per year. Will it result in a big raise for lower level managers, wide-scale demotion to hourly status or a spike in unemployment? Time will tell, but whatever the outcome the new rules are forecast to impact 4.2 million workers and could dramatically increase litigation brought under the Fair Labor Standards Act. This session will tell you what you need to know about the new DOL rules and their potential impact on you and your clients.

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