Benefits Bulletin - 1st Quarter 2017
/On Nov. 22, 2016, the Department of Labor’s (DOL) overtime rule was halted by a preliminary injunction, issued by a federal judge in Texas. The rule, which was scheduled to take effect Dec. 1, 2016, would have increased the annual salary threshold for “white collar overtime exemptions” to $47,476.
With this rule halted, employers across the country can enjoy a reprieve from having to
raise salaries for exempt employees to the new threshold or pay them overtime. However, on Dec. 1, 2016, the last possible day, the DOL filed an appeal of the Nov. 22 decision. The parties’ final briefs on the appeal are due Jan. 31, 2017.