Minimum Wage and Overtime Update 2024-2025

 Available : All Days  Presented By : Dayna Reum
 Category : Human Resources  Event Type : Recorded Webinar

For group or any booking support, contact:  cs@conferenceuniverse.com   1 (855) 718-3101 (US Toll Free)

Recording $99
Transcript $99
DVD $109
Recording & Transcript $199

Description

The new overtime rules, recently implemented, represent a significant shift in how overtime pay is calculated and applied across various industries. Both employers and employees must understand these new regulations to navigate the evolving labor landscape effectively.

In this Course, we will discuss the changes in the minimum salary requirement for exempt employees to $844 per week. We’ll also dive into overtime pay, a vital aspect of wage law. For non-exempt employees, overtime must be paid 1.5 times the regular rate for hours worked beyond 40 in a workweek. Special considerations apply to tipped employees: overtime must be calculated based on the full minimum wage, not the lower cash wage when using a tip credit. Recent regulatory updates clarify that tip credits only apply to work directly related to tip-producing tasks, ensuring that supportive duties are also appropriately compensated.

Key topics covered:-

  • Min Wage
  • Legislative Activity
  • Minimum Wage
  • Legislative Activity
  • Federal Overtime Requirements
  • State Overtime Requirements

Lastly, we’ll explore how state-specific overtime regulations can impact your compliance efforts. While federal law sets the baseline, many states have additional requirements. Join us as we break down these regulations and provide practical insights to help you navigate the evolving landscape of overtime laws effectively.

Learning Objectives:-

  • Review new salary thresholds and exemption criteria for overtime eligibility.
  • Know how to calculate overtime pay, including adjustments for nondiscretionary bonuses and commissions.
  • Discuss overtime regulations for tipped employees and their implications.
  • Differentiate between federal and state-specific overtime requirements and compliance.
  • Apply recent updates to overtime rules in various workplace scenarios.

Who Should Attend:-

  • HR Professionals
  • Payroll Specialists
  • Compliance Officers
  • Business Owners
  • Employment Law Attorneys
  • HR Consultants
  • Labor Relations Managers
  • Operations Supervisors.

Presented By : Dayna Reum

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 for 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 include Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, and 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.'


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