Archived Insight | October 17, 2019

DOL Releases Updated Overtime Rule

On September 24, 2019, the Department of Labor (DOL) announced a final rule governing the salary threshold for executive, administrative and professional employee exemptions from overtime pay requirements under the Fair Labor Standards Act (FLSA).

The DOL raised the “standard salary level,” the FLSA’s threshold for overtime eligibility, from $455 to $684 per week (equivalent to a raise from $23,360 to $35,568 annually).

The DOL increased the salary threshold for “highly compensated employees” (HCEs) to be exempt from the FLSA from $100,000 to $107,432. No changes were made to the duties test.

Download Now

Questions about the topic?

Ask anything you like.

Speak with Us

See more insights

Update on Coverage of the COVID-19 Vaccine

Understand how ACIP and CDC recommendations shape COVID-19 vaccine coverage, shared clinical decision-making, cost sharing and plan year compliance.

Health, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, COVID-19, Corporate

Read Full Insight

Japanese Businesswoman Checking Schedule In Her Notebook

Year-End Compliance Reminders for Retirement Plan Sponsors

Get on top of 2025 compliance season: key deadlines, Roth catch-up rules, SECURE Act updates and operational tips for retirement plan sponsors.

Retirement, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

Read Full Insight

Two Female Colleagues Reviewing A Document At The Office

Final Catch-Up Contribution Rule Provides Some Relief

The Treasury Department’s new catch-up contributions rule gives retirement plan sponsors time and flexibility with SECURE 2.0’s Roth requirements.

Retirement, Compliance, Higher Education, Healthcare Industry, Multiemployer Plans, Public Sector, Architecture Engineering & Construction, Corporate

Read Full Insight

This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.