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DOL’s Much-Anticipated Proposed "White-Collar" Exemption Rules Focus on Increased Salary-Basis Requirements

July 1, 2015/

The Department of Labor (DOL) today issued proposed regulations which, if adopted, will dramatically increase the number of executive, administrative and professional (white collar) workers eligible to earn overtime compensation under the Fair Labor Standards Act (FLSA).

The proposed rulemaking–which more than doubles the salary-basis requirement for the white-collar exemptions to the FLSA’s minimum-wage and overtime requirements–is intended to implement President Obama’s 2014 directive to "modernize and streamline" the FLSA’s regulations.

Read the full article here. https://clients.dorsey.com/rs/vm.ashx?ct=24F76619D3E60AEDC1D089A5D52B931ADFBE7BB3D38714DD4CF371647BF8D90DDD7803A

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