The Triad Business Journal recently spoke to Brooks Pierce attorney Bryan Starrett about the Department of Labor’s new overtime regulations and how the change could impact local employers.
Starting Dec. 1, most salaried workers who earn less than $47,476 a year will be eligible for overtime pay, a move that raises the salary threshold by more than $20,000 from the previous overtime regulations.
Starrett, who counsels employers and HR professionals, has provided training and advice to Triad employers about how to prepare for the law. He told the Triad Business Journal that while this overtime law changes represent challenges for some companies, it also represents an opportunity. According to Starrett, employers should use the coming changes to analyze their work needs carefully, in order to both ensure compliance and to maximize productivity and performance.
The overtime changes also represent an opportunity to communicate with employees about their compensation, their job roles, and how those roles can be managed or modified to ensure compliance and productive employees.
Triad Business Journal subscribers can view the full article here.