The Fair Labor Standards Act establishes minimum wage and overtime pay standards for both government and private sector employees. The Department of Labor has issued new regulations that affect white collar workers under revised overtime guidelines.
• Beginning December 1, 2016, the threshold will increase to $913 per week (or $47,476 annually for full-time workers). Currently, those exempt workers who earn $455 per week (or full-time employees who earn $23,660 annually) are exempt.
• The salary threshold will automatically update every three years, based on wage growth over time.
• The “Highly Compensated Employee” salary threshold will also increase from $100,000 to $130,004 per year.
Who is considered an exempt white-collar, salaried employee? Click here to learn more
To read more about the new rules, please see: US Department Of Labor
For more information on overtime rules in the Non-Profit Sector, please reference: US Department Of Labor – NonProfit