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.

DOL releases updated overtime rule Download Now

Questions about the topic?

Ask anything you like. 

Speak with Us

See more insights

Young Asian Woman Flipping Through Stacks Of Documents At The Office

DOL ERISA Enforcement Memo Reflects Changed Priorities

The DOL memo signals a greater focus on fiduciary loyalty, significant harm and clearer guidance — key changes for plan sponsors.
Woman With A Hearing Aid Works On Her Laptop In A Home Office

Deadlines Extended for Making Government Websites Accessible

Governments now have an additional year to comply. Learn how the new timelines affect state and local entities.
Senior Woman Using Digital Tablet While Lying On Couch At Home

DOL Proposes Changes to Benefit Statement Delivery Rules

The DOL proposed updates on when benefit statements must be delivered on paper vs. electronically. See key considerations for DC and DB plan sponsors.

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.