Tag: highly compensated employees

DOL Submits Request for Information on the Overtime Rule

The U.S. Department of Labor (DOL) has submitted a Request for Information (RFI) regarding the final overtime rule to the Office of Information and Regulatory Affairs (OIRA) for its review. An RFI is an optional step used by governmental agencies when drafting rules in order to obtain public input on whether a new rule or […]

bonus

Bonuses and the New FLSA Overtime Regulations

By Susan Prince, JD, M.S.L., Legal Editor The federal Department of Labor (DOL) has released final changes to the overtime regulations. These changes are effective December 1, 2016. The most prominent change is the increase in the salary level required for exemp­tion from overtime to an annual salary of $47,476. This translates to a weekly […]