Department of Labor Issues Long-Awaited Updates to Key Fair Labor Standards Act Overtime Exemptions
May 25, 2016
After over two years of employers’ collective waiting, guessing, and worrying, last week the Department of Labor (“DOL”) issued its Final Rule amending the white-collar exemptions under the Fair Labor Standards Act (“FLSA”). These exemptions apply to employees working in bona-fide executive, administrative, and professional positions.