Wage & Hour Update – NEW Overtime Regulation
Effective December 1, 2016, The Department of Labor (DOL) has issued changes that substantially increase the minimum salary requirements for certain exemptions under the Fair Labor Standards Act (FLSA). What does this mean for you? Overtime Exemption moves from $23,660 to $47,476 annually Threshold for Highly Compensated Employees moves from $100k to $134,004 to automatically Read more about Wage & Hour Update – NEW Overtime Regulation[…]