Department of Labor’s Final Rule – Updates Overtime and “White Collar” Exemptions under the Fair Labor Standards Act

Posted on May 18, 2016

The Department of Labor (“DOL”) has, at last, issued its Final Rule on overtime. The key provisions of the Final Rule include: (i) increases to the minimum salary levels for employees to be classified as exempt under the FLSA from $455 to $913 per week or $23,660 per year to $47,476 per year; (ii) increase […]