Are You Ready? 2021 Changes to the WA Exempt Salary Threshold

Session Time: Tuesday, February 9 | 9:10 AM – 10:10 AM (PT)

Speaker: Nancy Kasmar, Principal, Compensation Connections L.L.C. | LinkedIn

Session Description: Washington State recently updated its exempt status rules that determine which workers must be paid overtime. The new rules affect every employer in Washington State. On January 1, 2021, the minimum salary threshold for exempt employees will increase to $43,004 for organizations with 50 or fewer employees. For organizations with 51 or more employees, the minimum salary threshold will be $50,180. Attendees of this presentation will leave with a clearer understanding of the impact of these changes, and how to prepare for them.

• Core Competency #1: HR Expertise (HR Knowledge)

• Core Competency #2: Legal/Compliance

Takeaways: Attendees will be given an Excel calculator and the updated job duties tests for use in determining the financial and legal changes needed in their organization to comply with the new rules.

Speaker Bio:
Nancy is a Principal of Compensation Connections, with over 25 years of management experience in addition to 14+ years in human resources and total rewards. She received her Master of Science degree from the University of California, San Francisco, and a Certificate in Management from the University of California, San Diego. Nancy holds a Senior Professional in Human Resources (SPHR) designation with an additional certification as a Certified Compensation Professional (CCP). She is also certified as a SHRM-SCP.

Nancy has worked with hundreds of organizations throughout North America as a compensation consultant. She was the 2018 Director for Washington State SHRM and is a past President of the Lake Washington Human Resource Association.  In addition to her professional and volunteer responsibilities, Nancy speaks regionally and nationally on topics ranging from compensation and benefits to mentorship and diversity.