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Are You Ready to Clock-in on FLSA? New Overtime Pay Rules to Impact More Than 4 Million U.S. White-collar Workers and Their Employers - Next on Workforce Institute Radio
Kronos (News - Alert) Incorporated:
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What:
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Ahead of the official May 18 announcement from the Department of
Labor (DoL) outlining the final rule for new overtime regulations
under the Fair Labor Standards Act (FLSA), Joyce
Maroney, director of The
Workforce Institute at Kronos Incorporated, and Sue Meisinger,
former president and CEO of the Society for Human Resource
Management (SHRM) and former deputy under secretary for the
Employment Standards Administration at the DoL, recorded a podcast
discussion on how the changes will impact potentially tens of
thousands of U.S. organizations and an estimated 4 million
white-collar, salaried workers around the country.
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Topics addressed in this FLSA overtime podcast include:
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-- An overview of the proposed FLSA overtime changes, why the DoL
and Obama Administration are taking these steps, and how U.S.
businesses will need to adjust their payroll practices to begin
accurately tracking hours worked by salaried workers who earn less
than the new $47,476 threshold;
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-- How every U.S. employer across every industry will be impacted by
these changes, with the hardest hit likely being those in retail and
hospitality;
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-- Potential unintended consequences of the new FLSA rule changes,
including limiting work-life flexibility, straining employee
engagement and manager-employee relationships, and sparking a
white-collar debate over 'What is work?';
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-- Ways employees and employers will mutually benefit if the rule
becomes law; and
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-- Critical first steps U.S. organizations should take to prepare
for the looming Dec. 1 deadline.
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When:
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Available now
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Where:
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The
Workforce Institute blog site
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Why:
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The Workforce Institute provides research and education on
critical workplace issues facing organizations around the globe.
By bringing together thought leaders, The Workforce Institute is
uniquely positioned to empower organizations with the knowledge
and information they need to manage their workforce effectively
and provide a voice for employees on important workplace issues. A
hallmark of The Workforce Institute's research is balancing the
needs and desires of diverse employee populations with the needs
of organizations.
For additional information, visit www.workforceinstitute.org.
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Supporting Resources
About Kronos Incorporated
Kronos is the global leader in delivering workforce management solutions
in the cloud. Tens of thousands of organizations in more than 100
countries - including more than half of the Fortune 1000® -
use Kronos to control labor costs, minimize compliance risk, and improve
workforce productivity. Learn more about Kronos industry-specific time
and attendance, scheduling, absence management, HR and payroll, hiring,
and labor analytics applications at www.kronos.com.
Kronos: Workforce Innovation That Works™.
© 2016 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160519005432/en/
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