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                      • IVAC Business Breakfast Seminar- Minimum Salary Increases for Exempt Employees

                        Topic: 

                        The Department of Labor recently issued final Fair Labor Standards Act regulations, which substantially increase the salary level at which an employee must be paid to qualify for most overtime exemptions.  Under new regulations, most employees making $47,476 per year must be treated as non-exempt and are, therefore eligible for overtime.  These regulations take effect December 1, 2016.

                        This session will include:

                        • Summary/ reminder of the criteria that must be met to classify an employee as exempt from overtime and potential damages and other ramifications if an employee is  incorrectly classified.

                        • An explanation of the new regulations recently released

                        • A discussion of the practical implications employers must now consider, including:

                          • Whether to increase an employee's salary to meet the new salary level requirements or reclassify the employee as non-exempt

                          • What payment options are available for employees reclassified as non-exempt

                          • How to communicate with employees being reclassified and more... 

                        Speaker:
                        • Brian V. Alcala - Nixon Peabody LLP
                        Brian practices exclusively in employment and labor relations law.  He represents private employers nationwide in federal and state employment, labor and non-compete litigation and before administrative agencies, including the National Labor Relations Board (NLRD).  He also counsels clients to help them comply with employment, labor and trade secrets issues.  

                         

                        Hot breakfast buffet starts @  7:15 am.    
                        Program begins promptly at 7:30 am. 

                        at Mario’s Maples Supper Club,
                        1401 Shooting Park Rd., Peru.  

                        Seminar Fee includes breakfast:       
                        Members  -   $ 15.00    &     Non-Members -  $18.00
                        Please RSVP by: 

                        email  ivaced@ivaced.org
                        call the IVAC office at 815.223.0227 
                        or register on line from this event page
                        (members be sure to log in for discount rate)
                        by NOON the day prior to the event to
                        reserve your space.

                        IVAC Business Breakfast Seminar- Mini...
                        Register

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                        Date and Time

                        Wednesday Nov 9, 2016
                        7:15 AM - 8:00 AM CST

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                       1320 Peoria St, Peru, IL 61354

                       815. 223.0227

                       ivaced@ivaced.org

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