In June 2015, the U.S. Department of Labor (DOL) proposed an increase to the overtime exemptions, more than doubling the salary level required to qualify for overtime payments. The increase took salaries at $23,660 to $50,440. DOL is expected to finalize the rule in the beginning of 2016
IWLA joined the Partnership to Protect Workplace Opportunity (PPWO) Coalition to fight these changes that are likely to have a burdensome impact on business leaders, forcing them to reduce salaries or hours in order to control costs.
PPWO issued a letter urging DOL to reconsider the overtime changes in the belief that “employees and employers alike are best served with a system that promotes maximum flexibility in structuring employee hours, career advancement opportunities for employees, and clarity for employers when classifying employees.”
Read the letter. Stay tuned for updates on this issue.
