U.S. D.O.L. Regulation on minimum overtime for exempt employers
The U.S. Department of Labor has adopted a regulation that sought to increase the federal minimum salary for exempt employees to $47,476 per year. On November 22, 2016, a federal court district judge granted an injunction that stopped this increase from going into effect. Until a final determination or appeal is made next year, employers do not need to comply with this increase. Many employers have, however, already begun to make anticipatory changes based on this increase. For a determination on whether certain changes can be reversed, please contact our office.