CRI News Blurb: FLSA Changes
Unless something is going to change, and anything is possible, given the recent events occurring in Washington, the new FLSA rules become effective on December 1, 2016. Among other changes, it is estimated that 4.2 million additional employees will be considered Non-Exempt and entitled to receive overtime.
A recent announcement by the law firm of Seyfarth Shaw indicated that the risk of a wage and hour labor law compliance audit “is when it will happen, not if it will happen”. They cited a huge number of new cases being filed in 2015. SHRM indicated that since 2009, the government has recovered $1.6 billion in back wages, and on August 1, 2016, the maximum fine for overtime violations increased by 72% to $1,894 per incident.
A word to the wise, be prepared and be careful!