U.S. Dept. of Labor Issues Final Overtime Rule
Today, September 24, 2019, the U.S. Dept. of Labor issued a final rule updating the 2004 eligibility requirements for overtime pay under the Fair Labor Standards Act (FLSA).
The final rule updates the earnings thresholds necessary to exempt executive, administrative, and professional employees from the FLSA's minimum wage and overtime pay requirements as follows:
The final rule is effective on January 1, 2020.
The text of the final rule, which has not yet been printed in the Federal Register, can be viewed here, along with other related information.