Posts for for May, 2016

New Overtime Regulations: Employers Face a Dramatic Increase in Minimum Salary Requirement for Major Exemptions

Posted on: May 25th, 2016

The new minimum salary level for the executive, administrative, and professional employee exemptions under the Fair Labor Standards Act (FLSA) will be $913 per week, or $47,476 per year, under final regulations that will be released on Wednesday, May 18, 2016, by the U.S. Department of Labor (DOL). This new salary threshold—which will become effective […]