Client Alert: Changes to Overtime Rule Will NOT Go into Effect December 1, 2016

Yesterday a Federal Court in Texas entered a nationwide injunction which put a hold on the new Fair Labor Standards Act reforms that would have taken effect on December 1, 2016. As a reminder, the new rule would have increased the salary threshold required for exempt employees from $23,660 to $47,476 per year. Employees not at this salary threshold, regardless of their duties and responsibilities, would either need to be reclassified as non-exempt or have their salary level increased to $47,476 to maintain exempt status on December 1, 2016.

Click here to read the full article.

0 views0 comments

Recent Posts

See All

In an increasingly globalized world, it is extremely important to understand what is involved in enforcing judgments against foreign assets. Given that there is no global system for enforcing a judgme