New federal overtime regulations postponed (again)
Federal regulations to double the minimum salary requirement for exempt professionals are on hold for the third time since being suspended just days before their expected enactment on December 1, 2016. The Department of Labor (DOL) recently requested an extension for submitting its reply brief to the Fifth Circuit Court of Appeals on its overtime rule, which would raise the minimum salary level defining professionals from $23,660 to $47,476.
May 3, 2017