Partner and chair of the firm's Labor & Employment group, Laura Friedel will be a speaker during the 2016 ESOP Midwest Regional Conference. As an expert in the area, Laura will present on topic, 'Implementing the New Fair Labor Standards Act Regulations.'
The Department of Labor is expected to issue final new regulations affecting overtime pay under the Fair Labor Standards Act. These final regulations are expected to have a wide impact on employers, including ESOP companies, and on which employees may be classified as exempt from overtime requirements. In addition to explaining the new regulations, this session will lead a discussion of strategies that companies should consider implementing to communicate and comply with the new rules impacting overtime pay and the overall compensation structure of the organization. The presentation will also cover the non-financial aspects of these regulations including employment policies, potential restrictions on hours worked and the impact of a status change from exempt employee to non-exempt.
For more information and registration, please click here.