New Overtime Regulations - What Boards Need to Know
Update: 2024-05-17
Description
The Department of Labor recently issued a new rule affecting exempt and non-exempt employee status, which classifies employees based on job characteristics and determines if employees are eligible for overtime pay. The new rule could change who falls into those classifications, including staff and faculty on campuses around the country.
AGB’s Morgan Alexander speaks with Alex Nock of Penn Hill Group about the implications of the new rule for colleges and universities, and what questions boards should be asking senior administrators. For more information, see AGB's Policy Alert.
Opinions expressed in AGB podcasts are those of the speakers and not necessarily those of the organizations that employ them or of AGB.
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