Archived Insight | October 17, 2019
On September 24, 2019, the Department of Labor (DOL) announced a final rule governing the salary threshold for executive, administrative and professional employee exemptions from overtime pay requirements under the Fair Labor Standards Act (FLSA).
The DOL raised the “standard salary level,” the FLSA’s threshold for overtime eligibility, from $455 to $684 per week (equivalent to a raise from $23,360 to $35,568 annually).
The DOL increased the salary threshold for “highly compensated employees” (HCEs) to be exempt from the FLSA from $100,000 to $107,432. No changes were made to the duties test.
Compliance, Retirement, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate
Retirement, Compliance, Multiemployer Plans, Healthcare Industry, Higher Education, Architecture Engineering & Construction
Compliance, Retirement, Public Sector
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