As we predicted last week in “Release of Final DOL Exempt Employee Salary Rule Likely Imminent,” on May 18, 2016, the U.S. Department of Labor (DOL) issued its final rule increasing the Fair Labor Standards Act’s (FLSA)...more
Last September, the Department of Labor (DOL) issued a proposed rule increasing the Fair Labor Standards Act’s minimum weekly salary rate for exempt employees to $970 a week, a great increase from the current $455 per week...more