Steven J. McKinney, Community Outreach & Resource Planning Specialist for the U.S. Department of Labor will be at NHADA on November 12 and will review the new Final Overtime Rule, which has been published and is scheduled to go into effect on January 1st.
Wage and Hour Division Department of Labor (Department) is updating and revising the regulations issued under the Fair Labor Standards Act (FLSA) to allow 1.3 million workers to become newly entitled to overtime by updating the earnings thresholds necessary to exempt executive, administrative or professional employees from the FLSA’s minimum wage and overtime pay requirements.1
The Department is updating both the minimum weekly standard salary level and the total annual compensation requirement for “highly compensated employees” to reflect growth in wages and salaries. The new thresholds account for growth in employee earnings since the currently enforced thresholds were set in 2004. The Department believes that the update to the standard salary level will maintain the traditional purposes of the salary level test and will help employers more readily identify exempt employees. The Department is also revising the special salary levels for employees in U.S. territories and the special base rate for employees in the motion picture producing industry. The Department estimates that as a result of the final rule 1.3 million currently exempt employees will become nonexempt.
NH Department of Labor Inspection Division Administrator Michele Small will review NH regulations,
and Attorney Jennifer Moeckel of Cook, Little, Rosenblatt & Manson, p.l.l.c. will go over pay plans.