Staying Ahead of Compliance Challenges: Navigating Exempt vs. Non-Exempt Classification for BDRs and SDRs in 2024

Important Information for Technology and Software Employers of Business Development and Sales Representatives to Ensure 2024 Compliance

In the current business landscape, compliance and operational efficiency are more crucial than ever. One of the most critical aspects of running a successful business is understanding the intricacies of employment classification, specifically exempt versus non-exempt. With shifting regulations and case law, it is imperative to remain informed on these matters to ensure compliance. This webinar focused on key areas of concern for employers of Business Development Representatives (BDRs) and Sales Development Representatives (SDRs).

One of the primary topics covered was current standards for job classification, including how legal and regulatory changes can affect the categorization of BDRs and SDRs. Ensuring compliance in today’s intricate wage and hour environment was also highlighted, with strategies and systems presented to assist companies in maintaining compliance. Furthermore, the webinar emphasized risk management through insurance, highlighting how insurance can help safeguard your company and prepare you to defend against wage and other related claims.

The panel leading this webinar consisted of Brendan Lowd, Marc Mingolelli, and Greg Casale. Each panelist brought a unique perspective to the discussion, with expertise in employment law, liability insurance, and founding one of the largest employers of BDRs and SDRs respectively. As compliance challenges continue to evolve, it is crucial for businesses to equip themselves with knowledge and tools to navigate these changes confidently. Don’t let compliance issues catch you off guard in 2024 – stay informed and prepared to address these challenges effectively.

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