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Overtime Exemptions from the Fair Labors Standards Act

[2017; R-2017 | Keywords: Overtime Exemptions, Overtime, FLSA] The Fair Standards Act provides that employers subject to its provisions must pay its employees the specified minimum wage and overtime compensation. There are various exemptions from the Act, or portions of the Act, which are based on factors such as type of business activity, the amount… Read More »

Overtime Pay Regulations

Source: Bob Evnen, Woods & Aitken LLC, 09.2016 | Keywords: Policies, Overtime] The U.S. Department of Labor has issued a new rule raising the salary floor for white-collar overtime exemptions to $47,476 per year. The new salary floor becomes effective on December 1, 2016. The current salary floor is $23,600. This change will have no… Read More »

They’re Here! DOL Releases New Overtime Pay Regulations

[Source: Bob Evnen, Woods & Aitken LLP, 07.2016 | Keywords: DOL, Employment Policies, Overtime] Recently, the U.S. Department of Labor Wage and Hour Division (DOL) released the highly anticipated final rule amending the Fair Labor Standards Act (FLSA) overtime pay regulations. The newly released rule consists of 496 pages of explanatory preambleÖand 12 pages of… Read More »