The Fair Labor Standards Act (FLSA) already presents intricate challenges, and now, the Department of Labor has released a crucial update to its overtime regulations effective June 2024. This update includes an increase in the minimum annual salary to $43,888, followed by another hike to $58,656 on January 1, 2025. This webinar is essential for employers to understand and implement the necessary changes to remain compliant with these new rules. We will cover key adjustments affecting employee classifications, focusing on the new salary thresholds and the impact of transitioning employees from exempt to non-exempt statuses—an adjustment that could drastically increase your overtime liabilities.

Why This Webinar Is Essential:

• Stay Ahead of Regulatory Changes: Understand how these significant updates could impact your payroll and legal costs.
• Effective Compliance Review: Equip yourself with the knowledge to conduct an FLSA compliance review efficiently.
• Safeguard Your Organization: Learn the consequences of non-compliance and how to protect your business.
• Navigate with Confidence: Join us to confidently navigate these critical updates and ensure your practices align with the new legal requirements.

Your Benefits For Attending:

• Detailed Breakdown of the Changes: A comprehensive analysis of the FLSA exemption and overtime updates, including the June 2024 and January 2025 salary thresholds.
• New Criteria for Exempt Status: Insights into the adjustments in the Duties Test and Salary Level Test.
• Strategies for Reclassifying Employees: Practical approaches for reclassifying employees in light of the new rules, with a focus on "white-collar" exemptions.
• Changes for Highly Compensated Employees: Examination of the specific adjustments for Highly Compensated Employees under the revised regulations.
• Best Practices for Compliance: Ensuring your employees are correctly classified to comply with the 2024 FLSA overtime regulations.

Coder Archives is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Speaker Profile:

Dayna is currently the Director of Payroll Operations at Ann & Robert H. Lurie Children's Hospital of Chicago. Dayna has been heavily involved in the payroll field over 17 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc.

During her tenure at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures. Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, International and Canadian payroll. Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee). Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA. Besides her payroll accomplishments, Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.'