Labor Department Proposes New Federal Overtime Salary Threshold
The Department of Labor (DOL) has proposed an increase to the Fair Labor Standards Act’s (FLSA’s) annual salary-level threshold to $55,068 from $35,568 for white-collar exemptions to overtime requirements. The department also is proposing automatic increases every three years to the overtime threshold. “As we celebrate our 75th year, the cornerstone of our advocacy is modernization of workforce policies. Modernization must be reasonable,