Department Of Labor Issues Rule Altering Exemption From Overtime

            The Department of Labor (“DOL”) has issued a final rule effective December 1, 2016 raising the minimum salary level of exempt employees classified as executive, administrative and professional (“white collar”) from $23,660 per year to $47,476 or $455 a week to $913 per week, and the minimum salary for “highly compensated” employees who are exempt from the overtime requirement almost regardless of their duties from $100,000 to $134,004. Salaried white collar employees paid below the updated salary levels are now generally entitled to overtime pay. However, there are a number of exceptions to the salary standards for overtime that should be considered on a case by case basis. For an in depth discussion of these changes, please see the DOL’s guidance for private employers via the link below.