Middleton 608.824.3002         Sauk Prairie 608.644.0206       Brookfield 414.751.6847

Guidance for Nonprofits on new Overtime Laws

In May, the Department of Labor released a report that outlines how nonprofit organizations pay overtime under the Fair Labor Standards Act.

 

When it go into effect on December 1, 2016, most employees earning less than $47,500 per year will be entitled to overtime pay, regardless of whether they are classified as executive, administrative, or professional workers.

 

The final rule applies to employers in all sectors, but according to the National Council of Nonprofits, “… in an effort to address longstanding confusion about how the Fair Labor Standards Act (FLSA) and the overtime regulations apply to nonprofit employers and employees, the Department of Labor (DOL) also published a special overview and guidance for nonprofit organizations.”

 

Key details from the new rule impact nonprofits in the areas of salary level thresholds, effective dates, automatic increase and other areas.

 

 Click here to read more and contact us if you have questions about your organization and if the new regulations.

Middleton, WI 

Kollath CPA

2501 Parmenter Street, #100B

Middleton, WI 53562

 

PHONE: 608-824-3002

FAX: 866-486-4261

 

Sauk Prairie, WI 

Kollath CPA

421 Water St., Suite 111

Prairie du Sac, WI 53578

 

PHONE: 608-644-0206

FAX: 608-643-3467

 

Brookfield, WI 

Kollath CPA

295 Regency Court, Ste. 104

Brookfield, WI 53045

 

PHONE: 414-751-6847

FAX: 866-486-4261