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PRODID:-//ChamberMaster//Event Calendar 2.0//EN
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BEGIN:VEVENT
DTSTART:20160614T120000Z
DTEND:20160614T133000Z
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SUMMARY:Overtime Regulation Update
DESCRIPTION:Presentation regarding the new Overtime Regulations presented by the Goshen Chamber and Yoder\, Ainlay\, Ulmer\, & Buckingham LLP.\n\n\n\nThe final rule increases the salary threshold under which most employees will be automatically eligible for overtime pay.  The current salary level required for exemption is $455 a week ($23\,660 for a full-year employee)\, which was last updated in 2004\, and the new exemption threshold will be $913 a week\, or $47\,476 per year.\n\nIn addition\, the change in the salary threshold also includes an automatic adjustment every three years.\n\n\n\nThe overtime rule leaves intact the current so-called "duties test" that determines whether or not certain employees are eligible for overtime even if they make more than the new $47\,476 threshold amount.  To be eligible for this exemption\, an employee's job duties must primarily involve executive\, administrative\, or professional duties as defined by DOL's regulations
X-ALT-DESC;FMTTYPE=text/html:Presentation regarding the new Overtime Regulations presented by the Goshen Chamber and Yoder\, Ainlay\, Ulmer\, &amp\; Buckingham LLP.<br />\n<br />\nThe final rule increases the salary threshold under which most employees will be automatically eligible for overtime pay.&nbsp\; The current salary level required for exemption is $455 a week ($23\,660 for a full-year employee)\, which was last updated in 2004\, and the new exemption threshold will be $913 a week\, or $47\,476 per year.<br />\n<span style="font-family:times new roman\,serif\;"><span style="font-size:12.0pt\;">In addition\, the change in the salary threshold also includes an automatic adjustment every three years.<br />\n<br />\nThe overtime rule leaves intact the current so-called &quot\;duties test&quot\; that determines whether or not certain employees are eligible for overtime even if they make more than the new $47\,476 threshold amount.&nbsp\; To be eligible for this exemption\, an employee&#39\;s job duties must primarily involve executive\, administrative\, or professional duties as defined by DOL&#39\;s regulations</span></span><br />\n&nbsp\;
LOCATION:Goshen Chamber Building 232 S. Main St. Goshen\, IN 46526
UID:e.689.15984
SEQUENCE:3
DTSTAMP:20260426T022359Z
URL:https://business.goshen.org/events/details/overtime-regulation-update-06-14-2016-15984
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