Legal Update
Apr 8, 2003
The DOL's Proposed Revisions to Its Exempt Status Regulations: What Will They Mean for Your Company
The U.S. Department of Labor (DOL) issued proposed revisions to its regulations on the "white-collar" exemptions to the Fair Labor Standards Act (FLSA) on March 31, 2003. If enacted in a version close to their present form, the revisions would contain the most substantial changes in more than 50 years to the way employers determine whether they are obligated to pay employees overtime compensation.
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