Important Notice for Dental Practice Owners
We've compiled everything you need to correct misclassifications and comply with the new rules taking effect December 1, 2016.
- The rules regarding how your salaried employees must be paid are about to change drastically
- Mis-Classifying an employee as Salary exempt and not paying them for overtime is a very common error made among dental offices.
There will be significant changes to the Department of Labor’s overtime exemption requirements taking effect later this year. These new requirements must be met and addressed by December 1, 2016. This rule change applies to all dental offices of all sizes, and WILL affect your practice if you employ any salaried employees currently earning less than $47,476 annually.
(ACCESS TRAINING HERE)
To help ensure your practice is compliant with the new overtime rules, we've created an educational “how-to” webinar explaining what you need to do to ensure you are paying salaried employees correctly, and we also provide tools and resources to help you get the right answers to tricky overtime questions.
The key issues we'll tackle regarding the new overtime rules include:
Click below to access our resources page and view the webinar. And don't forget, if you need further help, you can click on the orange "Get Started" button on our resource page to request a free, no-obligation consult from one of our trained HR professionals.
- Making sure your employees are properly classified as “exempt” or “non-exempt” in the first place. This means passing a complex duties test, just paying the employee enough is not sufficient. (Take a look at the "Exempt / Non-exempt Audit Guide" link on our resource page for help)
- Understanding what paying on a “salary basis” instead of "hourly" means (and doesn't mean!)
- Coping with the new minimum annual salary ($47,476, nearly double the existing minimum salary) required for overtime exemption. This includes asking and answering the question of whether it’s better for each practice to raise wages, or re-assign the status of one or more employees to non-exempt. (We've created a fantastic tool that can help you answer this question, check out the "Overtime Calculator" link on our resource page below)
(ACCESS TRAINING HERE)