U.S. Department of Labor Final Regulations on Overtime: What to Consider Next
On May 18, the U.S. Department of Labor, Wage and Hour Division, announced the final changes to the regulations that govern the “white collar” overtime exemptions. The final rule raises the minimum salary level for exemption from $23,660/year ($455/week) to $47,476/year ($913/week), permits some nondiscretionary bonus payments to count toward the exemption threshold, and more. The new rules take effect Dec. 1, 2016, providing only a few months for employers to be in compliance with the new requirements.
This webinar will provide detailed guidance on the regulations and practical steps on how employers can prepare to respond to these changes.
Diane J. Geller, Esq., partner, Fox RothschildSign in or become a member to access past webinars