On May 18, 2016, the U.S. Department of Labor (DOL) announced a final rule regarding overtime wage payment qualifications for the “white collar exemptions” under the Fair Labor Standards Act (FLSA). How does this rule affect your business? The final rule increases the salary an employee must be paid in order to qualify for a white collar exemption. The required … Read More
FLSA Overtime Rule Change
On March 14th, the new Final Regulations on the Fair Labor Standards Act were sent to the Office of Management and Budget for final review. The proposed U.S. Department of Labor (DOL) changes to the “white-collar exemption” in the Fair Labor Standards Act (FLSA) could make more than 5 million individuals eligible for overtime pay—individuals who currently aren’t eligible. This could … Read More