By BLR Legal Editor Susan Prince, JD
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Employers, get ready for a busy summer! Just when you are about to embark on your summer getaways, dreaming of sun and relaxation … you are probably going to have 60 days to make sure you are in compliance with the Fair Labor Standards Act (FLSA) changes. Well, if you don’t see the sun, the stress of these changes for employers will certainly keep you hot under the collar!
According to the experts, the Department of Labor (DOL) is looking to publish its final overtime rules in the Federal Register within the next few weeks. M. Patricia Smith, the Solicitor of Labor, has stated that the Department of Labor’s (DOL) final overtime regulations will likely be effective within 60 days of the date they are published in the Federal Register. That means you will have 60 days to bring your company into compliance with any changes the DOL makes to the current overtime regulations.
The current overtime rules have been in place since 2004, which was the last time the DOL made significant changes to the FLSA regulations. In March 2014, President Obama directed the DOL to modernize and streamline the overtime regulations in a manner consistent with the FLSA’s purpose. The goal is to expand the number of employees eligible for overtime.