Episode 55: What the FLSA Changes Mean for Employers with Mike Haberman (@mikehaberman)
The FLSA comment period for their proposed changes closed last Friday, September 4th, 2015. On this episode of the Workology Podcast, I talk with Mike Haberman on what changes will likely happen, considerations for employers and what changes will impact employers as well as employees. Mike walks us through some of the potential challenges businesses will face with these changes, when the official announcement will comes from the Department of Labor and how long employers will have from the time the announcement is made until we, have to make the change.
FLSA Exempt and Non-Exempt Overtime Changes
Mike provides us insights into the differences between exempt and non-exempt employees. He shares with us why this is important when it comes the Fair Labor Standards Act. This podcast episode discusses the changes from the FLSA that will impact hundreds of thousands or even millions of employees. Exempt level employees that full beneath the new salary threshold will either have their salaries increased to the new minimum and remain an exempt level employee or will be eligible for overtime pay as a non-exempt level employee.
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To learn more about the minimum FLSA salary and how employers should prepare for these changes per the recommendations of Mike, listen in to the full podcast. You can also connect with Mike Haberman on LinkedIn. You can also register for our upcoming webinar to learn more by clicking here.
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*A special thank you to my production team at Total Picture Radio.