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Please join Joseph J. LaCosta, Esq., CPA for a seminar – Is Your Business or Organization Prepared for the New Overtime Rules?

July 26, 2016

A Seminar – Is Your Business or Organization Prepared for the New Overtime Rules?

Tuesday, August 30, 2016
8:30am (registration) – 10:30am

Sponsored by
Jersey Coast Appliance
TD Bank

Hosted at
Woodlake Country Club
25 New Hampshire Ave, Lakewood

Presented by
Monmouth-Ocean Development Council
&
Greater Toms River Chamber of Commerce

The U.S. Department of Labor recently issued significant changes to the rules exempting certain employees from overtime pay under the Fair Labor Standards Act. Effective December 1, 2016, most businesses and nonprofit organizations will be required to make a number of major adjustments in the way in which they handle their “exempt” employees and pay overtime. Here are just a few of the issues that will be addressed in the seminar:

• What determines if a nonprofit employee is “working” or “volunteering” their time at a fundraising activity?
• How will employers deal with the changing workplace culture and potential morale issues caused by the new rules?
• What legal options do employers have as an alternative to paying excessive or unaffordable overtime?
• What practices can employers utilize to minimize overtime liability, i.e. adjusting salaries to meet new exemption thresholds; reducing salaries and work hours to avoid additional payroll costs; reducing other employee benefits (health insurance, profit sharing, vacations)?
Don’t wait until December to decide which options are best for you. Whether you are a for-profit or nonprofit employer, you need to begin addressing these rule changes now.

Moderator

Keith Timko
Support Center/Partnership in Philanthropy

Panelists
Kathleen M. Connelly, Esq.
Lindabury, McCormick, Estabrook & Cooper

Joseph J. La Costa, Esq., CPA
Carluccio, Leone, Dimon, Doyle and Sacks

Cost

$25 Initial Registration
$15 Additional registrations from same organization
$100 Exhibitor (MODC/Chamber members only – includes 1 seminar admission)
$250 Event Sponsor (MODC/Chamber members only – includes 2 seminar admissions, exhibit table and recognition in all marketing materials and day of the event)

Register Now!

Contact

Noelle Lotano
Greater Toms River Chamber of Commerce
732-349-0220
wearetr@tomsriverchamber.com


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