The long-anticipated final wage and hour regulations were made public today, May 18, 2016, but they will not be officially published in the Federal Register until Monday, May 23, 2016. The final rule updates the salary threshold under which most white collar workers are entitled to overtime compensation to equal the 40th
Although the final salary threshold for the white collar exemptions is lower than originally proposed ($970 per week), the new threshold more than doubles the minimum salary currently guaranteed to most exempt employees.