Labor Department Issues Long-Awaited Rule on Exemptions
The Department of Labor just issued a long-awaited final rule amending regulations on the “white collar” executive, administrative, professional, and computer employee exemptions from its minimum wage and overtime rules. Most importantly, the rule doubled the salary threshold for the those exemptions from $455 a week ($23,660 a year) to $913 a week ($47,476 a year), and the threshold is then to be adjusted every three years. If a supposedly exempt employee is not paid at least the new salary,…