What To Know About The DOL's New Overtime Regulations

Law360, New York (May 26, 2016, 11:47 AM EDT) -- S. Libby Henninger

Lisa A. Schreter

Tammy D. McCutchen The U.S. Department of Labor published the final rule revising the "white collar" overtime exemption regulations at 29 C.F.R. Part 541 on May 18, 2016. This publication was the result of a process that began in March 2014 when President Barack Obama directed the secretary of labor to review and "modernize" the current overtime regulations. In the final rule, the DOL estimates that the changes will impact 4.2 million white collar workers.

  The most significant change made by the final rule is raising the minimum salary level for the white collar...

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