Attorneys React To DOL's Final Overtime Exemption Rule
Law360, New York (May 18, 2016, 8:51 PM EDT) -- The U.S. Labor Department on Wednesday issued the final version of the overtime exemption rule raising the minimum salary threshold to qualify for the Fair Labor Standards Act's white collar exemption. Here, attorneys tell Law360 why the new rule is significant.
Joshua Alloy, Arnold & Porter LLP
“By more than doubling the minimum salary threshold for exemption from overtime to $47,476, and increasing the highly compensated threshold to $134,004, the DOL’s final overtime rule will have an immediate and significant impact on most employers. Companies and non-profit organizations must begin — or continue — to carefully analyze their workforce and make...
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