THE DEPARTMENT OF LABOR ISSUED RULES UPDATING SALARY AND
COMPENSATION LEVELS FOR OVERTIME EXEMPT EMPLOYEES
The Department of Labor’s (DOL) “Final Rule” on overtime exemptions provides new compensation levels for employees who are to be classified as exempt under the Executive, Administrative and Professional exemptions under the Fair Labor Standards Act. The new rules go into effect on December 1, 2016.
Under the Final Rule, overtime exempt employees who perform exempt duties must conform to the following as of December 1, 2016:
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