Meeting/Event Information

Presented by: Nelson H. Suarez, Associate, Baker, Donelson, Bearman, Caldwell & Berkowitz, PC

On April 23, 2024 the U.S. Department of Labor announced a final rule that increases the minimum salary an employee must be paid in order to qualify for the executive, administrative, or professional (EAP) or highly compensated employee exemptions. Currently, an employee generally must be paid at least $35,568 annually in order to meet the minimum salary requirement for the EAP exemption. Under the new rule, the minimum salary requirement increases to $43,888 effective July 1, 2024, and it increases again to $58,656 effective January 1, 2025. As for the highly compensated employee exemption, the minimum annual salary increases to $132,964 effective July 1, 2024, and it increases again to $151,164 effective January 1, 2025. This webinar will provide tips on how to prepare for the new requirements. 

Learning Objectives:

• Summarize U.S. Department of Labor's new overtime rule as well as timeline for compliance

• Review requirements for properly classifying an employee as exempt from overtime pay

• Discuss practical tips on how to begin preparing for the impending changes

Login details: After you register, login instructions will be included in your event receipt email.

Certification: 1 SHRM and HRCI recertification credits have been submitted for review.

Tickets: 

• Members: No cost - included in your membership

• Guests: $24

Thank You To Our Presenter:

Nelson H. Suarez, Baker, Donelson, Bearman, Caldwell & Berkowitz, PC

Nelson Suarez assists clients in all aspects of labor and employment, including wage and hour, employment contract disputes, discrimination and harassment charges, and drafting employment policies and handbooks, as well as policy implementation and interpretation. He also represents clients in Department of Labor (DOL) and Equal Employment Opportunity Commission (EEOC) investigations. In addition to employment litigation, Mr. Suarez counsels employers on litigation avoidance and compliance strategies, and he provides general employment law advice and training. Prior to joining Baker Donelson, Mr. Suarez served as in-house counsel at a Fortune 500 public manufacturing company where he advised human resources and other internal business partners on all aspects of employment law.