New Department of Labor Overtime Regulations on the Horizon

In July 2015, the Department of Labor (DOL) issued a Notice of Proposed Rulemaking (80 FR 38515) that will drastically change the DOL’s interpretation of the Fair Labor Standards Act (FLSA) with respect to overtime exemptions. The rule has the potential to affect an untold number of employers and an estimated 5 million whitecollar workers within the first year of its implementation.

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