Spamdex - Spam Archive

Report spam

Send in your spam and get the offenders listed

Create a rule in outlook or simply forward the spam you receive to questions@spamdex.co.uk

Also in businessmanagementdaily.com

Exempts are Getting a Raise: Here's What You Should Do Now

The new overtime rules: How to comply, how to prepare
Trouble viewing this mail? Read it online
Human Resources

Exempts are getting a raise: Here's what you should do now

Only Congress can raise the federal minimum wage. But the Department of Labor's (DOL) proposed regulations raising the salary limit exempt employees must earn, from the current $455 a week, to a projected $970 a week in 2016, accomplishes almost the same thing, just by a different route: increasing the number of overtime-eligible employees.

These proposed regs aren't complicated, so the DOL can probably get them out in final form quickly. But don't wait for the final regs; you need to develop a compliance strategy now.

Will your organization be ready to comply? Attorney Anniken Davenport has a clear explanation of these new rules, plus practical advice on how your organization should respond and prepare. The New Overtime Rules: How to Comply, How to Prepare.

Step #1: Identify your employees. The employees who will be impacted by the salary bump are assistant and middle managers who earn between $30,000 and $40,000.

Don't stop there: You should also look at employees who earn $50,000 and up, since the regs also propose annual adjustments to the salary level.

Step #2: Determine your exposure to overtime liability. Not every exempt pulls down lots of overtime hours a week, so it's crucial to identify how many hours a week exempt employees work. Retail and restaurant employers need to be especially mindful of this step.

KEEP IT QUIET: Since they're paid a guaranteed weekly salary, exempts don't normally submit weekly time records.

Snag: You will have a dilemma in trying to figure out their work hours. Don't send them questionnaires.

Reason: You'll tip them off. In addition, questionnaires are subject to disclosure in a lawsuit. Instead, talk to their managers or use substitute measures for working time.

Examples: Login and logoff times or security swipes.

Your executive team will expect you to understand what the DOL rules say, what they mean and how your organization should respond. Learn how to comply with these all-important overtime rules and restructure your compensation in the most legally safe and financially sound way. The New Overtime Rules: How to Comply, How to Prepare.

Step #3: Perform a cost-benefit analysis. It may pay to give annual raises to the handful of exempts who don't normally work a lot of overtime and who are on the $50k salary cusp. But for the others, you will have to compare the cost of giving them annual raises to the cost of reclassifying them and paying them overtime.

Key: Setting hourly pay rates for those who will be reclassified.

Option: You may lower their base rate of pay, but make them whole by guaranteeing them overtime and bonuses.

Step #4: Communicate the reclassification. Inevitably, some employees will be reclassified as nonexempt. Be prepared to answer two basic questions:

1. Where is my overtime pay for the last three years? Reclassifications always have employees looking to the past.

Recommended: Be nice. Tell them that their reclassification was a result of a change in the regulations and that the company strives to maintain compliance with the law.

2. How will my pay change? Reclassification means a loss of status. As a balm, you should point out that they're now eligible for overtime.

Recommended: Use side-by-side charts that compare salary.

The New Overtime Rules: How to Comply, How to Prepare

Learn the nuts and bolts of the new rules plus answers to strategic questions like:
  • Should you convert exempt workers to hourly status rather than pay increased weekly base salary?
  • How should you deal with new stringent exempt classifications that require more time spent on management, less on menial but necessary tasks? Can you even track menial versus management work?
  • Anniken DavenportWhen should you add bonuses and other incentives to base pay to meet new minimum weekly base salary?
  • Should you lower the hourly equivalent rates of pay for formerly exempt workers to make up for new overtime hours?
  • Should you rewrite your job descriptions? If so, how?
  • Should you hire part-time employees in lieu of paying full-time workers overtime?
  • Are you prepared for increased recordkeeping?
  • How will more hourly positions impact your recruiting efforts — can you hire more professional independent contractors to perform exempt work at lower rates?
Plus, you'll get Anniken's answers to your colleagues' questions about these complex, confusing new rules. Get this important guidance on the new overtime rules.
Facebook
Google Plus
Linked In
Twitter
 

The email address for your subscription is
| About Us | Contact Us | Privacy Policy
Copyright 2015 Capitol Information Group (CIG). All rights reserved.
7600A Leesburg Pike
Falls Church, VA 22043


---------------------------

All titles, content, publisher names, trademarks, artwork, and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved. The Spam Archive website contains material for general information purposes only. It has been written for the purpose of providing information and historical reference containing in the main instances of business or commercial spam.

Many of the messages in Spamdex's archive contain forged headers in one form or another. The fact that an email claims to have come from one email address or another does not mean it actually originated at that address! Please use spamdex responsibly.


Yes YOU! Get INVOLVED - Send in your spam and report offenders

Create a rule in outlook or simply forward the junk email you receive to questions@spamdex.co.uk | See contributors

Google + Spam 2010- 2017 Spamdex - The Spam Archive for the internet. unsolicited electric messages (spam) archived for posterity. Link to us and help promote Spamdex as a means of forcing Spammers to re-think the amount of spam they send us.

The Spam Archive - Chronicling spam emails into readable web records index for all time

Please contact us with any comments or questions at questions@spamdex.co.uk. Spam Archive is a non-profit library of thousands of spam email messages sent to a single email address. A number of far-sighted people have been saving all their spam and have put it online. This is a valuable resource for anyone writing Bayesian filters. The Spam Archive is building a digital library of Internet spam. Your use of the Archive is subject to the Archive's Terms of Use. All emails viewed are copyright of the respected companies or corporations. Thanks to Benedict Sykes for assisting with tech problems and Google Indexing, ta Ben.

Our inspiration is the "Internet Archive" USA. "Libraries exist to preserve society's cultural artefacts and to provide access to them. If libraries are to continue to foster education and scholarship in this era of digital technology, it's essential for them to extend those functions into the digital world." This is our library of unsolicited emails from around the world. See https://archive.org. Spamdex is in no way associated though. Supporters and members of http://spam.abuse.net Helping rid the internet of spam, one email at a time. Working with Inernet Aware to improve user knowlegde on keeping safe online. Many thanks to all our supporters including Vanilla Circus for providing SEO advice and other content syndication help | Link to us | Terms | Privacy | Cookies | Complaints | Copyright | Spam emails / ICO | Spam images | Sitemap | All hosting and cloud migration by Cloudworks.

Important: Users take note, this is Spamdex - The Spam Archive for the internet. Some of the pages indexed could contain offensive language or contain fraudulent offers. If an offer looks too good to be true it probably is! Please tread, carefully, all of the links should be fine. Clicking I agree means you agree to our terms and conditions. We cannot be held responsible etc etc.

The Spam Archive - Chronicling spam emails into readable web records

The Glass House | London | SW19 8AE |
Spamdex is a digital archive of unsolicited electronic mail 4.9 out of 5 based on reviews
Spamdex - The Spam Archive Located in London, SW19 8AE. Phone: 08000 0514541.