The Overtime Dilemna

In this episode of Nonprofit Horizons, host Bryce Lord dives into the recent changes to federal overtime rules that are shaking up the nonprofit sector. With new thresholds set by the U.S. Department of Labor, nonprofits face significant challenges in balancing fair compensation with limited budgets. Bryce breaks down what these changes mean, the potential impact on organizations and employees, and offers actionable strategies for nonprofits to ensure compliance while fostering a culture of fairness and sustainability. Tune in to stay informed and prepared as these regulations take effect.




Show Notes:




Key Topics Discussed:

• Introduction to the new overtime rules and their impact on nonprofits.
• The financial and administrative challenges posed by the new regulations.
• The importance of fair compensation in nonprofit organizations.
• Strategies for compliance, including employee reclassification, salary adjustments, time tracking, and policy updates.
• The broader implications for employee morale, retention, and organizational sustainability.



Resources:

1. U.S. Department of Labor – Final Rule on Overtime (https://www.dol.gov/agencies/whd/over...)
2. National Council of Nonprofits – Impact of Overtime Rule on Nonprofits (https://www.councilofnonprofits.org/f...)
3. HR Resources for Nonprofits (https://www.nonprofithr.com/)
4. Time Tracking Tools for Nonprofits (https://uwm.edu/hbi/wp-content/upload...)





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