#2 Overtime Regulations
The U.S. Department of Labor (DOL) released its proposed Overtime Rule to revise the salary thresholds for federal overtime regulations for the Executive, Professional and Administrative white collar exemptions in June 2015. The DOL also proposed changes to the Highly Compensated Employee exemption and an annual indexing of the applicable salary thresholds. After receiving close to 300,000 public comments, the agency is expected to release the final rule as early as this spring, creating the need for employers to take immediate action to prepare for compliance.
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