The DOL Proposal – Aug, 2015

The US Department of Labor, DOL, has proposed changes to overtime coverage. In 2004, the DOL established a minimum salary level of $455/week. With the new proposal the estimate for full time employees in 2016 is $970/week. And, the DOL has proposed a mechanism ‘to automatically update the salary level on an annual basis.” For more information, visit, http://www.shrm.org. Clearly, of great significance to employers, it is critical that the proposal is understood. Call us to discuss how this may impact your business.

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