Monday, May 2, 2016

That is SO last week

The Department of Labor announced in 2015 that it would issue regulations setting $50,440 as the salary below which eligibility for overtime would be presumed. Employer organizations were quick to criticize that salary threshold, claiming it was too high.   Last week, the DOL indicated that it is considering a lower threshold for its new overtime provisions, which could be set at $47,000.  The move may not satisfy many critics, and one former Wage and Hour Division Administrator called the lower level an “empty gesture” and said that a salary threshold higher than $35,000 is “irresponsible.”
In other developments: