Wage and Hour Issues for Banks during the Biden Administration
Duration: 90 minutes
Speaker: Dr. Jim Castagnera, Esq.
Webinar Description
During the first six months of the Biden Administration, we have already witnessed a dramatic ramping up of regulatory activity. President Biden has issued dozens of executive orders, essentially nullifying the Trump legacy and instituting a new cycle of employee-rights regulation.
President Biden’s Department of Labor almost immediately rescinded the independent-contractor regulations that had only become final in early January. We can be reasonably sure that the next step will be to embrace California’s ultra-tough “ABC” test of independent-contractor status.
The President also has signaled his intention to move the minimum wage to $15/hour. In furtherance of that goal, he already has mandated that early next the hourly minimum for federal contractors’ employees will climb from the current $10.45 to $15.00.
We should be bracing ourselves for more stringent Wage & Hour division enforcement of mis-classification cases involving exempt v. non-exempt employees, as well as overtime and waiting time regulations. Further, for those of us who will continue to maintain a high level of remote work, time records remain a major challenge.
AGENDA
This timely webinar will:
- Update you on all the latest wage& hour developments at the federal level
- Advise you on what banking regulators are up to in the W&H arena
- Highlight major W&H developments at the state level
- Provide sound practical advice on how to deal with these developments and the demands they place on financial institutions
CONTINUING EDUCATION
Continuing HRCI Credit Information
This program has been pre-approved for 1.5 hours of General recertification credit hours through the HR Certification Institute. Use of the seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit.
Continuing SHRM Credit
Park Avenue Presentations is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.
Logistics
- 90-minute webinar (Travel-Free) delivered over the Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone. You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.