20 May New Overtime Rules: All That Glitters Is Not Gold
Fair Labor Standards Act | BT CurrentsWith apologies to Shakespeare (the above phrase is a slight corruption of his original line from Merchant of Venice, “All that glisters is not gold”), we continue our coverage of the Department of Labor’s (DOL) controversial – to say the least – new overtime regulations. To catch everyone up, earlier this week the DOL issued its final regulations that more than doubled the minimum salary necessary to be considered for the key exemptions from overtime compensation under the Fair Labor Standards Act (FLSA). As of…