The Final Overtime Regulations: What The New Minimum Salary Requirements Mean for Employers

On May 18, 2016, the U.S. Department of Labor (DOL) issued its long-awaited final revisions of the Part 541 overtime regulations that define the executive, administrative, professional, outside sales, and computer employee exemptions from overtime and minimum wage requirements contained in section 13(a)(1) of the Fair Labor Standards Act. The new rule will decrease the number of exempt employees and increase the number of employees eligible for overtime. Our speakers will discuss the details of the new rules and will examine how the new minimum salary requirements will impact your business.