What has changed as a result of the change in the FLSA?
The Department of Labor’s (DOL) final overtime rule updates the salary level required for the executive, administrative, and professional exemption to ensure that the Fair Labor Standards Act’s (FLSA) intended overtime protections are fully implemented. DOL’s final FLSA ruling provides greater clarity for workers and employers, including for higher education institutions.
The final rule updates the salary threshold under which most professional workers are entitled to overtime compensation. The new salary threshold will rise from $455 a week ($23,660 for a full-year worker) to $913 a week ($47,476 for a full-year worker) effective December 1, 2016.