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Expert Analysis

Home Companionship Industry Will Feel FLSA Exemption Fix

Law360, New York (November 17, 2014, 11:43 AM EST) -- Although announced in the latter part of 2013, the U.S. Department of Labor rule changes affecting the companionship exemption in the Fair Labor Standards Act are finally set to take effect on Jan. 1, 2015. The changes will significantly impact the home companionship industry, which currently employs about 2 million people. With the rule change imminent, home companion companies only have a few weeks remaining to ensure compliance....

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