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On May 18, the DOL released the final overtime rule, which will change federal exemptions to overtime pay under the Fair Labor Standards Act (FLSA) for administrative, executive and professional employees, the so-called "white collar" worker classifications that have long been exempt from time-and-one-half pay for working more than 40 hours per week. The DOL's final rule will affect both public and private work by all employers that are covered under the FLSA. Specifically, the rule doubles the current minimum standard salary level for exemption from $23,660 to $47,476 annually. It also increases the highly compensated employees (HCE) to an annual compensation of $134,000. DOL made no changes to the standard duties test.
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