Because you are asking . . . DOL Says New Proposed Rule On White Collar Exemptions Under The FLSA Will Be Issued In February 2015
As many of you know, last
year President Obama directed the DOL to issue new regulations to “modernize and streamline” the white collar exemptions to the minimum wage and overtime requirements
under the FLSA. (Keep in mind that under
federal rulemaking procedures, the DOL will first issue a “Notice of Proposed Rulemaking”
and allow a period of public comment before issuing a final rule.) We have been waiting for the proposed rule so
that we can see what changes the DOL has in mind for these key provisions of
the FLSA, which are expected to revise the current regulations for the executive,
administrative, and professional exemptions.
Initially, the DOL said the
proposed rules would be issued last Fall, but the DOL later announced the
notice would be delayed. Currently, the
DOL’s expected release date is sometime in February 2015, according to a notice
from the Office of Management and Budget.
Like you, we will be watching closely for these highly anticipated rules
which (if finalized) are likely to significantly impact workers and businesses.
Labels: administrative exemption, executive exemption, minimum wage, NPRM, overtime, professional exemption, proposed rules, white collar exemptions
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