New FLSA Overtime Rule; How do you communicate to Business Owners, Employers and Employees?
The new Department of Labor (DOL) Overtime Rule impacts 100% of Small Businesses with more than 10 employees. How are you impacted? The best way to prepare for the DOL new Overtime Rule, is to be knowledgeable about the changes and the criteria for changes. I am working with a real estate investment firm who doesn’t have too much overtime and therefore employees will not be impacted at all. However, the construction firm I provided services for, with over 600 employees, will be severely impacted. They will need to make decisions, communicate with Employees and Monitor Employee time reporting.