Don’t Delay: No Change in the December 1, 2016 Deadline for Compliance with the Department of Labor’s Final Rule on Overtime

The Fair Labor Standards Act (“FLSA”) requires employers to pay employees at the rate of one and half times their regular rate for each hour an employee works beyond forty (40) in a work week. However, the FLSA does provide that employees who meet certain duties tests, and are paid on a salary basis, and have a specified level of salary are “exempt” from the premium overtime requirement.  As we reported in May, the United States Department of Labor (“DOL”) has issued a Final Rule revising the FLSA regulations regarding overtime exemptions. Most significantly, the Final Rule requires a dramatic increase in the amount of salary that an exempt employee must be paid if the employer wishes to avoid paying that employee the premium time and one half overtime rate    Read the article……….

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