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


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

In today’s business environment, compliance and operational efficiency are more important than ever. Understanding the nuances of employment classification, specifically exempt versus non-exempt, is crucial to protecting your company from financial risk. With changing regulations and case law, it’s essential to stay informed on these issues 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 main topics covered was current standards for job classification, including how judicial and regulatory changes can impact the classification of BDRs and SDRs. Ensuring compliance in today’s complex wage and hour environment was also discussed, with strategies and systems highlighted to help employers maintain compliance. Additionally, the webinar touched on risk management through insurance, emphasizing how insurance can help safeguard your company and prepare you to defend against wage and other related claims.

The panel of experts leading the webinar included 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’s important for companies to equip themselves with the knowledge and tools needed 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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