Effects of the New Overtime Rules
The Department of Labor published Final Rules defining which white collar workers are protected by the Fair Labor Standards Act. The changes effect the overtime standards for white collar workers being compensated on a salaried basis. The minimum weekly salary has been increased to $913 per week. The record keeping required by employers has also been increased when a salaried white collar employee is not being compensated at the minimum weekly rate. We will consult with employers and employees to make sure they understand the full impact of the new rules.