Overtime Rule Will Not Go Into Effect Dec 1

by H2R CPA Team
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On November 22nd, a Federal judge issued a preliminary injunction against a US Department of Labor Final Rule updating the Fair Labor Standards Act (FLSA), which was set to go into effect December 1, 2016. The rule specified a new salary level above which certain white collar workers may be exempt from overtime pay requirements (time and one-half) when working more than 40 hours per week. Until a final decision is reached, employers may follow the existing rule.

For more information, this article from the Society of Human Resource Management provides a thorough explanation.

Contact H2R CPA at 412-391-2920 or team@h2rcpa.com if you need help with figuring out how to address this changing regulation.