US Labor Department – Overtime proposal open for comment
March 22, 2019
The U.S. Department of Labor announced this week that the Office of the Federal Register has published the Department’s Notice of Proposed Rulemaking that would make more than a million more American workers eligible for overtime under the Fair Labor Standards Act (FLSA).
A few of the changes proposed include –
Increasing the minimum salary required for an employee to qualify for exemption from the currently-enforced level of $455 to $679 per week (equivalent to $35,308 per year).
Increasing the total annual compensation requirement for “highly compensated employees” (HCE) from the currently-enforced level of $100,000 to $147,414 per year.
The official publication in the Federal Register marks the start of the proposal’s public comment period, which will remain open for 60 days and close on May 21, 2019. More information about the proposed rule is available here.
Any interested members are encouraged to submit comments about the proposed rule electronically.