BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
X-PUBLISHED-TTL:P3D
REFRESH-INTERVAL:P3D
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20160719T133000Z
DTEND:20160719T153000Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:Business Success & Solutions Seminar - New Overtime Rules
DESCRIPTION:Presented by David Krchak of Thomas\, Mamer & Haughey\, LLP\n\n\n\nDavid will discuss the Key Provisions of the Final Rule.\n\n\n\nThe Final Rule focuses primarily on updating the salary and compensation levels needed for Executive\, Administrative and Professional workers to be exempt. Specifically\, the Final Rule: \n\n1. Sets the standard salary level at the 40th percentile of earnings of full-time salaried workers in the lowest-wage Census Region. \n\n2. Sets the total annual compensation requirement for highly compensated employees (HCE) subject to a minimal duties test to the annual equivalent of the 90th percentile of full-time salaried workers nationally. \n\n3. Establishes a mechanism for automatically updating the salary and compensation levels every three years to maintain the levels at the above percentiles and to ensure that they continue to provide useful and effective tests for exemption. \n\n\n\nAdditionally\, the Final Rule amends the salary basis test to allow employers to use nondiscretionary bonuses and incentive payments (including commissions) to satisfy up to 10 percent of the new standard salary level. \n\n\n\n\n\nThis seminar will be held at Hawthorn Suites located at 101 Trade Centre Drive in Champaign. \n\n\n\nThe cost to attend this seminar is $19 for members and $39 for non-members. \n\n\n\nTo register\, please email Caryn Isenhower or call 217.359.1791. Registration deadline is July 18\, 2016.
X-ALT-DESC;FMTTYPE=text/html:<br />\nPresented by David Krchak of Thomas\, Mamer &amp\; Haughey\, LLP<br />\n<br />\nDavid will discuss the Key Provisions of the Final Rule.<br />\n<br />\nThe Final Rule focuses primarily on updating the salary and compensation levels needed for Executive\, Administrative and Professional workers to be exempt. Specifically\, the Final Rule: <br />\n1. Sets the standard salary level at the 40th percentile of earnings of full-time salaried workers in the lowest-wage Census Region. <br />\n2. Sets the total annual compensation requirement for highly compensated employees (HCE) subject to a minimal duties test to the annual equivalent of the 90th percentile of full-time salaried workers nationally. <br />\n3. Establishes a mechanism for automatically updating the salary and compensation levels every three years to maintain the levels at the above percentiles and to ensure that they continue to provide useful and effective tests for exemption. <br />\n<br />\nAdditionally\, the Final Rule amends the salary basis test to allow employers to use nondiscretionary bonuses and incentive payments (including commissions) to satisfy up to 10 percent of the new standard salary level. <br />\n<br />\n<br />\nThis seminar will be held at Hawthorn Suites located at 101 Trade Centre Drive in&nbsp\;Champaign. <br />\n<br />\nThe&nbsp\;cost to attend this seminar is $19 for members and $39 for non-members. <br />\n<br />\nTo register\, please email&nbsp\;<a href="mailto:caryni@champaigncounty.org">Caryn Isenhower</a> or call 217.359.1791. Registration deadline is July 18\, 2016. <br />
LOCATION:101 Trade Centre Dr.\, Champaign\, IL 61820 Presented by Thomas\, Mamer & Haughey\, LLP
UID:e.3371.1445
SEQUENCE:3
DTSTAMP:20260410T224239Z
URL:http://champaigncounty.smartcms.site/events/details/business-success-solutions-seminar-new-overtime-rules-07-19-2016-1445
END:VEVENT

END:VCALENDAR