The United States Department of Labor (DOL) recently released its much-anticipated salary standards for overtime exemption. Beginning December 1, 2016, the minimum salary where exemption from mandatory overtime for executive, administrative, or professional employees can be claimed will be $913 per week or $47,476 per year. This is a dramatic increase from the current level of $455 per week, or $23,660 per year. In addition, the regulatory change contains a mechanism to automatically update the standard every three years based on the 40th percentile salary of the lowest-earning region nationally.
Again, this change is effective on December 1, 2016. PFMA is a part of the Partnership to Protect Workplace Opportunity (PPWO), a coalition organized in support of legislation requiring reconsideration of these standards. Keep an eye open for grassroots action alerts encouraging you to contact your elected officials in support of this legislation.
Again, this change is effective on December 1, 2016. PFMA is a part of the Partnership to Protect Workplace Opportunity (PPWO), a coalition organized in support of legislation requiring reconsideration of these standards. Keep an eye open for grassroots action alerts encouraging you to contact your elected officials in support of this legislation.
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