NFIB Webinar - Overtime: Who Gets It?
Thursday, May 14 at 2 p.m. Eastern
Download the slides for the webinar and the accompanying handout on exempt overtime status.
Do you know how to determine if your employees are exempt from overtime? Does overtime apply if you pay your workers an annual salary, rather than an hourly rate? Not knowing the answer to these critical questions could wind up costing your business tens of thousands of dollars in back pay, fines and taxes.
To help explain the ins and outs of overtime, the NFIB Small Business Legal Center presented an educational webinar: Overtime: Who Gets It?
The webinar covered:
• The difference between exempt and non-exempt status - Simply paying your workers a salary does not exempt them from overtime. Learn how to determine which employees should be paid overtime and which should not.
• Positions that are automatically exempt from overtime - Depending on your type of business, many of your employees may not be entitled to overtime, such as commissioned salespersons. Find out the major exemptions.
• Plus tips and answers to your other overtime questions.