Related to: Overtime Regulations
Today the United States Department of Labor announced a final rule regarding executive, administrative, and professional employees who are exempt from the overtime and minimum wage requirements of the Fair Labor Standards Act. The end result of these new rules is that an estimated 1.3 million American workers will become eligible for overtime pay under…
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On May 18, 2016, the Department of Labor (DOL) issued its long awaited revisions to the Fair Labor Standards Act (FLSA) regulations, which significantly raise the salary thresholds required for white collar overtime exemptions. The changes take effect on December 1, 2016. I. Summary of Key Changes The key revisions focus on raising the salary…
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Although the U.S. Department of Labor (“DOL”) has yet to release its final rule revisions for overtime regulations under the Fair Labor Standards Act (“FLSA”), new details about these highly anticipated changes are beginning to surface. On Friday, April 29, 2016, sources familiar with the DOL’s deliberations indicated that the new salary threshold under consideration…
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