Business and Financial Services
DOL Issues Final Regulations to Update FLSA White Collar Exemptions
The U.S. Department of Labor’s final regulations updating the Fair Labor Standards Act (FLSA) “white-collar” exemptions signal important changes for how employers classify employees as exempt from overtime. In his analysis, Bean, Kinney & Korman attorney R. Douglas Taylor Jr. explains that the rule primarily raises the salary threshold required for executive, administrative, and professional employees to qualify as exempt—meaning more employees may become eligible for overtime pay if their…
September 24, 2019