White Paper: Preparing your business for the new FLSA rules
COMPOSE is a compensation management software solution that integrates with and augments any HCM suite.
A white paper on preparing your business for the new FLSA rules, by Decusoft.
In May 2016, the U.S. Department of Labor (DOL) took an action that could impact almost every employer in North America, regardless of industry or company size. In sum, the new rule extends overtime protections to millions of exempt workers who are making less than $47,476 per year. This increase represents major financial and operational challenges for employers, who must be fully compliant with the new rule by December 1, 2016.
This White Paper will summarize how these changes may affect your organization and what you can do to mitigate the costs and impact to how you pay and schedule your workforce.