On February 9, 100 members of Congress sent a letter to Secretary of Labor Thomas Perez arguing that the proposed overtime regulations will "hurt American workers and the businesses that employ them." While the letter...more
The financial services area received a defeat earlier this year when the United States Supreme Court in March upheld the Department of Labor's (DOL) Administrative Interpretation concluding that mortgage loan officers do not...more
9/28/2015
/ Appraisal Management Companies ,
Banking Sector ,
Banks ,
Bonuses ,
Collective Actions ,
Consumer Lenders ,
Consumer Price Index ,
Department of Labor (DOL) ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Financial Institutions ,
Managers ,
Minimum Salary ,
Minimum Wage ,
Mortgage Loan Officer ,
Mortgages ,
Non-Exempt Employees ,
NPRM ,
Obama Administration ,
Recordkeeping Requirements ,
Sales Commissions ,
SCOTUS ,
Unpaid Overtime ,
Wage and Hour ,
White-Collar Exemptions
In a March 13, 2014, memorandum, President Barack Obama directed the Department of Labor (DOL) to "modify," "streamline" and "simplify" the federal regulations regarding exemptions to overtime under the Fair Labor Standards...more
9/3/2015
/ Compliance ,
Department of Labor (DOL) ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Fast-Food Industry ,
Hospitality Industry ,
Minimum Salary ,
Minimum Wage ,
Non-Exempt Employees ,
NPRM ,
Obama Administration ,
Unpaid Overtime ,
Volunteers ,
Wage and Hour ,
White-Collar Exemptions
Employers across the country are trying to get their arms around the implications of the Department of Labor's (DOL) proposed changes to the overtime regulations. These proposed changes, which were published on June 30, 2015,...more
Employers across the country are trying to get their arms around the implications of the Department of Labor's (DOL) proposed changes to the overtime regulations. These proposed changes, which were published on June 30, 2015,...more
7/15/2015
/ Compliance ,
Consumer Price Index ,
Corporate Counsel ,
Department of Labor (DOL) ,
Fair Labor Standards Act (FLSA) ,
Minimum Salary ,
Non-Exempt Employees ,
NPRM ,
Unpaid Overtime ,
Wage and Hour ,
White-Collar Exemptions