Since the Department of Labor, DOL, announced the Overtime Final Rule on May 18 of this year, it’s faced an uphill political and legal battle.
That is what the newspaper headline read on the front page of the morning paper. Yes, as many of you are aware, the Department of Labor has finally released the final regulations regarding the new wage standard for exempt level employees. There was both good news and bad news in the notice published by the Department of Labor.
Is there anything I should be doing now to help prepare for the possible upcoming changes to the Fair Labor Standards Act (FLSA) standards?
As you may be aware, the Department of Labor Wage and Hour Division is currently reviewing the Fair Labor Standards Act (FLSA) regulation for determining exemptions for “white collar” employees. As detailed in the Fact Sheet, this ruling would likely have a huge impact on the standard salary level for white collar workers.