Labor Department Unveils Massive Overtime Expansion Plan
By Ben James (June 30, 2015, 9:52 AM EDT) -- The U.S. Department of Labor unveiled a proposed rule Tuesday that would broaden federal overtime pay regulations to cover nearly 5 million more people and raise the minimum salary threshold required to qualify for the Fair Labor Standards Act's "white collar" exemption to $50,440 per year.
President Obama signs a memorandum directing the Labor Department to "modernize and streamline" FLSA overtime regulations on March 13, 2014. (Credit: White House) The highly anticipated proposal stems from a memorandum President Barack Obama issued in March 2014 that directed Labor Secretary Thomas Perez to "modernize and streamline" the regulations on exemptions from the FLSA's...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!