Don't HR Alone #28 - Overtime Rule, Wage Penalties, and Wage Updates in Maine, Oregon, and Maryl
Here we go again: RIF on overtime rule sent to OMB — FEDERAL NEWS
The Labor Department announced on June 27 that it has sent a Request for Information on the controversial overtime rule to the Office of Management and Budget (OMB) for review. When published, the RFI will provide a public opportunity for comment.
The embattled final rule would have gone into effect December 1, 2016, nearly doubling the salary threshold for the executive, administrative, and professional (EAP) exemption (the so-called "white collar" exemption) at which FLSA overtime requirements would cease to apply. The rule would set the floor at $913 per week, or $47,476 annually, for full-time workers—the 40th percentile of earnings of full-time salaried workers in the lowest-wage Census Region, currently the south.