New government regulations have left nonprofits wondering how to adjust their employment practices and the budgetary implications. Many worry that these changes could seriously impact their ability to fulfill their missions.
On March 11, the Department of Labor's new rule differentiating contractors from employees went into effect. On July 1, minimum salaries for exempt employees will go up by 23%. On Jan 1, 2025, that minimum will rise to 65% of today's rate.
This presentation will dive into the history of the rules so that we can contextualize and understand them. We will then discuss strategies your nonprofit can employ to navigate the changes while minimizing any negative repercussions.
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About Your Presenter
Caroline Valentine, SPHR, SHRM-SCP, is the driving force behind Valentine Circles. For over two decades, she has been on the forefront of supporting HR professionals.
As a Strategic Human Resources Leader working with clients ranging from local start-ups to global organizations, Caroline has gained a strong understanding of the factors that comprise great human resource management while serving as a change agent, collaborating with HR professionals and leadership teams in transforming organizations for the better.
She is also a dedicated educator, teaching SHRM Certification classes for University of Texas at Austin, and future of work global thought leader, focusing on creative solutions to local and global challenges influenced by technological, generational, and social shifts.