What nonprofits need to know and do about the Overtime Final Rule (an exclusive KNN members-only resource)

On Sept. 24, 2019, the U.S. Department of Labor announced its Overtime Final Rule that adjusts the salary level test, part of a three-part test for determining when white-collar workers are exempt or must be paid overtime for working more than 40 hours in a week. The new rule raises the salary threshold for the white-collar exemption from overtime pay to $684 per week ($35,568 per year), up from the current level of $455/week ($23,660 per year). 

Effective January 1, 2020, the Final Rule also raises the salary threshold for highly compensated employees who are exempt from FLSA overtime pay requirements from $100,000 per year to $107,432 per year and allows employers to satisfy up to 10 percent of the standard salary level by using non discretionary bonuses and incentive payments. 

On Tuesday, November 5, KNN joined with other networks of the National Council of Nonprofits to host a national presentation to help all in the charitable community understand what the Overtime Final Rule means to nonprofit operations and missions, and what nonprofits should be doing now to prepare. Experts at the National Council of Nonprofits were joined by officials from the U.S. Department of Labor and others representing workers and employers who will present their unique perspectives and answer questions from nonprofits.

This webinar recording registration link provides exclusive access for KNN members to receive the materials and webinar recording link to view at your convenience.  When clicking on the webinar recording link, members will be directed outside of the KNN Member Information Center, and will need to register with your email address associated with you KNN Membership account.

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