Is Your Company Ready for the Increase To the Salary Threshold To the Exemptions to Overtime?
To address what some consider to be low paid managers missing out on overtime earnings when they work more than 40 hours in a week, the Obama Administration through the U.S. Department of Labor (DOL) has proposed to significantly increase the salary threshold for the executive, administrative, and professional exemptions to overtime. The latest word from DOL is that implementing changes in the regulations will be finalized by July 2016 and will take effect 60 days later sometime around September 2016. Is your company ready for these changes?
Kathleen J. Jennings is a former principal in the Atlanta office of Wimberly, Lawson, Steckel, Schneider, & Stine, P.C. She defends employers in employment matters, such as sexual harassment, discrimination, Wage and Hour, OSHA, restrictive covenants, and other employment litigation and provides training and counseling to employers in employment matters.
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