Understanding the Department of Labor's Final Rule on Overtime Exemption with Corinne Tirone
Eps. #69 MAY 7TH, 2024
💼 Are you ready for the new earnings threshold for overtime exemption?
In this episode of the HR Mixtape podcast hosted by Shari Simpson, Corinne Tirone, Senior Director of Government Relations at Paylocity, discusses the final rule issued by the Department of Labor regarding changes to the earnings threshold for overtime exemption. The episode delves into the details of the rule, including updated salary levels and effective dates, as well as considerations for organizations in preparing for the changes.
Key Takeaways:
Updated Salary Levels: Learn about the new minimum salary levels for EAP exemptions and highly compensated employees.
Effective Dates: Understand the timeline for the changes and how they will impact employees.
Preparation Tips: Gain insights on how organizations can prepare for the rule changes, including conducting audits, evaluating employee classifications, and crafting effective communication strategies.
Guest(s): Corinne Tirone, Senior Director of Government Relations at Paylocity
Guest(s): Corinne Tirone, Senior Director Compliance & Government Relations, Paylocity
Corinne Tirone is the Senior Director of Government Relations here at Paylocity. Corinne is an attorney with over 13 years of experience in legal research, payroll and HR compliance. Her focus at Paylocity is on monitoring the legislative landscape at the federal, state, and local levels to help inform the organization's development projects, compliance strategy, and risk mitigation plans.
In addition, Corinne serves on the board of the National Payroll Reporting Consortium and leverages strong relationships with agencies and industry groups to stay informed of regulatory trends and changing compliance requirements.