Daily Archives: May 23, 2016

Department of Labor Announces Final Overtime Rule

by: Andrea Kirshenbaum Today the U.S. Department of Labor (DOL) formally announced its Final Rule which more than doubles the minimum salary threshold for “executive,” “administrative,” and “professional,” employees to qualify as exempt from overtime pay under the Fair Labor Standards Act (FLSA). The DOL estimates that the Final Rule, which will become effective on ...
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