After engaging in the rulemaking process and considering over 270,000 public comments, on May 18, 2016, the U.S. Department of Labor (DOL) announced that it will publish a Final Rule to update the regulations governing the exemption of executive, administrative, and professional employees (collectively, “Exempt Employees”) from the minimum wage and overtime pay protections of the Fair Labor Standards Act (FLSA).
DOL Overtime Rule
The U.S. DOL announced that it will publish a Final Rule to update the regulations governing the exemption of executive, administrative, and professional employees from the minimum wage and overtime pay protections of the FLSA. Employers should take note that they may use nondiscretionary bonuses and incentive payments to satisfy up to 10% of the new standard salary level.
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Dana A. Kravetz and Taylor BurrasThis premium content is locked for LawJournalNewsletters subscribers only
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