Taylor Greene

Taylor Greene

September 24, 2019 | Daily Business Review

The Department of Labor Issues Final Rule Regarding Overtime Updates

On Sept. 24, the U.S. Department of Labor (DOL) announced a final rule, which updates the earnings thresholds necessary to exempt executive, administrative and professional employees from the Fair Labor Standards Act's minimum wage and overtime pay requirements and allows employers to count a portion of certain bonuses or commissions toward meeting the salary level.

By Taylor Greene

5 minute read