The long-anticipated final rule overhauling federal overtime exemption eligibility requirements was released on May 18 and – as we flagged in our recent alert – the December 1, 2016 compliance deadline looms large.
Tony Derosby and Suzanne King hosted a presentation on June 28 in Portsmouth to discuss the new overtime rule and what it means for businesses. They covered:
The new salary thresholds for “white collar” overtime exemption
Use of bonuses and commissions to comply with the salary requirements