TWO OTHER DOL REGULATIONS PROPOSED ON JOINT EMPLOYMENT AND REGULAR OVERTIME RATE

The Department of Labor (DOL), on March 7, 2019, published its proposed "white collar" overtime exemption regulations, raising the previously required $23,660.00 annualized salary to $35,308.00.  Employers may still satisfy up to 10% of the minimum required salary by the payment of nondiscretionary bonuses, incentives and commissions, as long as the bonuses are paid annually or more frequently.  Comments on the proposed rule are due May 31, 2019.