Earlier this year, the Department of Labor (DOL) published new proposed rules for FLSA overtime requirements. Among the proposed rules, DOL has proposed:
- Increasing the salary threshold from $23,660/year to $50,400/year [40th percentile].
- Increasing the "highly compensated" threshold from $100,000/year to $122,148/year [90th percentile]; and
Automatically increasing the thresholds to "keep pace with inflation."
The new rules will go into effect in 2016 absent further change.
