2022 DOL Update: Minimum Wage, Overtime and Tip Changes
EVENT DATE:
Feb 15,2022
PRESENTER(s): Dayna J Reum
1:00 PM ET | 12:00 PM CT | 10:00 AM PT |
60 Minutes
Overtime and minimum wage has been a hot topic for the last several years, legislation almost went into in effect in 2017 but was stopped by several states coming forward with legal action. But new legislation was put into effect as of 1/1/2020, are you aware of the changes and are you in compliance with the new exempt requirements. AS of Jan 1, 2022 new rules go into effect that impact tips and how employers will calc tip credit, minimum wage and overtime. This webinar will give you the most up to date Overtime requirements and review legislative attempts to get an updated calculation.
Learning Objectives:
- Federal and State Minimum wage review to include most up to date changes
- Discussion on how companies should handle minimum wage for states with higher rates then federal.
- Current legislative activity and what it means to employers
- Review Federal Overtime Requirements
- Exempt vs. non-exempt
- Overtime Concerns
- Regular Rate of Pay why it is important and how to calculate
- State Overtime Requirements
- State by State Review
- Details of federal regulation changes what are they and when do we as employers need to be ready
- Tip Changes for 2022
- Impacts of changes to companies and best practices on how to handle them
Who will Benefit:
- Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
- Human Resources Executives/Managers/Administrators
- Accounting Personnel
- Business Owners/Executive Officers/Operations and Departmental Managers
- Lawmakers
- Attorneys/Legal Professionals
- Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues
