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What Employers Need to Know about New Overtime Exemption Rules with Shelley Jackson
Manage episode 429214114 series 3523228
Krieg DeVault द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Krieg DeVault या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
"“The Department of Labor estimates that the increased income thresholds for exempt status beginning on July 1, 2024 and January 1, 2025 and adjusting in the future will impact up to 4.3 million workers. That’s why the time is right for employers to scrutinize what this new rule means for their budgets and workforce.”," says chair of Krieg DeVault’s Labor and Employment Practice Shelley Jackson.
Shelley joins Krieg DeVault colleague and host George Lepeniotis to outline the legal risks. “If someone is improperly classified as an exempt worker under one of these standards, but does not actually qualify, it can lead to significant wages, penalties, and attorney fees,” she explains.
Shelley puts the legal landscape into perspective by describing the statutory framework that governs minimum wage and overtime and the three types of employees who are typically exempt.
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☑️ Shelley Jackson | LinkedIn
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