After holding numerous listening sessions for public feedback, the U.S. Department of Labor (“DOL”) has issued a revised increase to the minimum salary threshold for white-collar exemptions. The DOL’s proposal included raising the minimum salary requirement for being considered an exempt employee from an annual salary of $23,660 to $35,308. This could cause over a million workers to become eligible to receive overtime pay when working over 40 hours in a work week.
This proposal comes in response to the backlash ...
Continue Reading →