EMPLOYERS MUST ACT NOW TO IMPLEMENT THE DEPARTMENT OF LABOR’S FINAL RULE UPDATING THE MINIMUM SALARY FOR WHITE COLLAR MINIMUM WAGE AND OVERTIME EXEMPTIONS BY THE NEW YEAR
A. The Department of Labor Issued Its Final Rule on September 24, 2019. The Department of Labor (“Department”) issued a final rule revising the regulations interpreting the Fair Labor Standards Act (“FLSA” or “Act”) on September 24, 2019. They set new and higher thresholds for…