Fisher Phillips Partner Outlines Potential Impact of DOL’s Proposed New Overtime Rule
After considerable controversy and years of waiting, the U.S. Department of Labor released its proposed “overtime rule” in late March 2019. Though substantially higher than the current $455 minimum weekly salary required to sustain an overtime exemption, the proposed minimum salary threshold of $679 per week is not nearly as dramatic a change as the $913 minimum weekly salary that was set to take effect in 2016.
In an article for Medical Journal-Houston, Kevin Troutman writes that, because changes to the new rule still could occur, employers should not immediately change their compensation structures. Instead, it is a good time to begin evaluating the likely impact of the USDOL’s proposal, if it is adopted.
This article is available in the April 2019 print edition of Medical Journal-Houston only.