This summer, the Department of Labor released its contentious proposed rule that raises the minimum salary threshold requirement for the FLSA’s overtime exemptions from $23,660 per year to $50,400. The DOL is currently reviewing nearly 300,000 comments received on the proposed rule, and now targets a July 2016 release of the final rule. Once the final rule is released, employers will likely have at least 60 days to come into compliance before the new rule becomes effective.