How Proxy Data and Pilot Studies Can Help Employers Prepare for the DOL’s New Proposed Overtime Rules

The U.S. Department of Labor’s Wage & Hour Division recently announced its proposal to amend 29 C.F.R. Part 541, containing the “white collar” exemption for executive, administrative, and professional employees. The Division’s proposal would dramatically increase the salary levels required for the exemption and the highly-compensated exemption. The standard salary is projected to be $970 per week or $50,440 per year, and the highly-compensated employee standard salary would be set at $122,148 starting in 2016. If the proposals become law, the requisite salary levels for these exemptions are scheduled to increase automatically each year.

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