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Showing 2 posts tagged Threshold Salary.
Overtime Law Update – One Rule Stalled, One Law Gaining Momentum
Posted In Department of Labor ("DOL"), Employment Law
In 2015 and 2016, the Obama administration’s Department of Labor (“DOL”) released proposed and final rules that were set to dramatically change the face of overtime exemptions by raising the threshold salary requirement to around $47,500. The Final Rule became effective as of December 1st, 2016, but several contemporaneous events have worked to upend the new regulation, and changes are afoot even now with respect to overtime. It’s time to take a quick look at the status of overtime regulations. More >
