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The New Overtime Regulations: How Will They Affect Your Workplace?

Posted: June 13, 2016

New overtime regulations unveiled by the U.S. Department of Labor (DOL) on May 18, 2016 will affect approximately 4.2 million currently “exempt” workers.  Unless their salaries are increased to at least $913/week, these employees will become entitled to receive overtime pay. In its first increase since 2004, the minimum salary level for exemption from overtime pay under the Fair Labor Standards Act (FLSA) has doubled, from $455 per week ($23,660 annually) to $913 per week ($47,436 annually).  The salary level for highly compensated employees (HCEs) also has been increased, from $100,000 to $134,004 annually.  These changes, which are anticipated to impact employers in all industries, become effective on December 1, 2016. For more information, please click here and here.