Reminder: FLSA Overtime Rule Effective December 1
Labor & Employment @lert
Date: October 31, 2016
The Department of Labor’s changes to overtime regulations under the Fair Labor Standards Act take effect on December 1, 2016, including the increase in minimum salary that must be paid to exempt employees to $47,476 per year, or $913 per week.
Thompson Hine recommends that employers consider making any changes necessary to comply with the amended regulations (including increased salaries) effective for the entire pay period that includes December 1, 2016. For example, if a company uses a bi-weekly pay cycle, and the pay period begins on November 21 and ends on December 4, an exempt employee’s salary should be at least $913 per week for the entire two-week period included in the pay cycle. If your company will be making changes to comply with the new regulations, Thompson Hine can provide sample employee notice templates.
FOR MORE INFORMATION
If you have questions regarding the new regulations and their impact on employees, please contact any member of Thompson Hine’s FLSA Answer Squad:
Nancy M. Barnes
Eric S. Clark
Deborah S. Brenneman
M. Scott Young
Megan S. Glowacki
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