Nearly a year after a Department of Labor (DOL) Final Rule intended to raise the salary threshold for overtime-exempt status was put on hold before it could go into effect, a federal court has struck the exponential increase down for good. Stating that that the DOL had “gone too far,” the U.S. District Court for Read more
Employers nation-wide, get ready to raise your voice: the U.S. Department of Labor has issued a Request for Information on 2016’s highly contested “overtime rule,” asking stakeholders to provide comments that will be used to shape a future revision of the rule. The RFI is available for preview here, although the comment period does not Read more
Our readers may remember reading our previous blog posts about the US Department of Labor’s (DOL) Final Rule increasing the minimum salary that bona fide executive, administrative, and professional (EAP) employees must earn to be exempt from overtime. The regulation proposes to increase the pay threshold for exempt employees from $455 per week ($23,660 annually) to Read more
