The federal government published final rules in April redefining which employees are eligible for overtime pay (see our May 17 issue). Research Recommendations hosted a telephone conference that answered questions on the new rules. Following are excerpts from the audioconference. To order a tape or CD of the full audioconference, call (800) 543-2055.
For a detailed description of the new rules, access our free E-visory report, Complying With the New
New exemption definitions take effect Aug. 23; they aren't retroactive
Q. If, according to these new regulations, we've been improperly classifying certain employees as exempt from overtime pay, would we need to go back and reimburse them? At that time, we thought they were properly classified. Becky, Texas
A. The new regulations take effect Aug. 23. If you have properly classified them under the old regulations, t...(register to read more)