Big Changes Ahead: Minimum Salary for Exempt Employees Must Be $47,476 By December 1, 2016
On May 18, 2016 the United States Department of Labor (“DOL”) released its final updated regulations governing overtime exemptions. The DOL’s Wage and Hour Fact Sheet detailing the changes can be found here. Although it does not go as far as the proposed rules, the new regulations dramatically expand the number of workers eligible for […]