DOL Raises Pay for Some Exempt Status EmployeesSchreiber, Phillip
Another solution may be to reclassify employees as nonexempt, which could subject the employer to increased overtime costs. In addition to the new federal rule, employers will also want to ensure that the states in which they operate do not have additional salary thresholds for ...
which abolished the “20 Percent Rule” and established guidelines for determining if tipped or non-tipped duties related to the employee’s tipped occupation. For a full analysis, see our prior Alert:Department of Labor Rescinds 20 Percent Rule for Tipped Employees. ...
Under the new regulations, any employee making less than $970 per week (or $50,440 per year) will now likely be classified as non-exempt (subject to a few exceptions). This means these employees must be paid overtime for all hours worked over 40, and time ...
Sylvia Bokyung St. Clair
C. Baird BrownMulgrew, D. "DOL announces proposed revisions to FLSA regu- lations doubling the minimum salary requirement for exempt employees," National Law Review, Jul. 2, 2015, http://www.natlaw- review.com/article/dol-announces- propos...
Mortgage Loan Officers Are Not Exempt Employees per the DOL and the Supreme Court Says That Is OkayAnderson, Keith
Lisa (Lee) A. Schreter
Assessment of the impact of the overtime-exemption guidelines in the FairPay rules of the Labor Standards Act on employers; Percentage of employers who did not reclassify any employees from exempt to nonexempt status due to the new federal overtime regulations; Reasons for employers to conduct ...