“I’ll take the overtime rule for $1,000, Alex.”
Wouldn’t it be great if Fair Labor Standards Act (FLSA) issues were only topics on a game show? If you were wrong, the value of the question would merely get deducted from your winnings.
But you’re an employer, and if you get the FLSA wrong, it can be costly and result in a lawsuit.
The SHRM Online article Federal Judge Halts Overtime Rule outlines the FLSA drama that has unfolded over the past year:
“Just 10 days before the implementation date, a federal judge in Texas put the brakes on the Department of Labor’s (DOL's) new federal overtime rule, which would have doubled the Fair Labor Standards Act’s (FLSA’s) salary threshold for exemption from overtime pay.
Twenty-one states filed an emergency motion for a preliminary injunction in October to halt the rule. They claimed that the DOL exceeded its authority by raising the salary threshold too high and by providing for automatic adjustments to the threshold every three years.
The overtime rule was scheduled to take effect Dec. 1 and would have raised the salary threshold from $23,660 to $47,476. The rule also provided for triennial adjustments based on the 40th percentile of weekly earnings of full-time salaried workers in the lowest-wage Census region.”
The overtime rule injunction has caused a lot of angst and confusion for employers.
"We all thought that the FLSA would be affecting businesses differently by today, but the reality has been something else," says employment attorney Louis Lessig in #SHRM17 Conference Quotables. He will also present a session called FLSA Jeopardy on the #SHRM17 Smart Stage at the SHRM 2017 Annual Conference & Exposition later this month.
How much do you know about the FLSA? Are your employees properly compensated?
Do you follow the elusive guidelines?
Do you have all the answers?
Do you even know what questions to ask?
Please join @shrmnextchat at 3 p.m. ET on June 14 for #Nextchat: FLSA Jeopardy with special guest employment attorney and #SHRM17 speaker Louis Lessig (@LouisLessig). This #Nextchat will consider the latest issues surrounding the FLSA, how to deal with them and how to avoid costly penalties. We’ll explore the state of the FLSA and challenge what you thought you knew. We’ll even throw in some FLSA Jeopardy “Daily Doubles.”.