Notice to Members Regarding New Overtime Proposal

 

Ogletree DeakinsMarch 12, 2019
A Letter From Mark Stubley, Ogletree, Deakins, Nash, Smoak & Stewart, P.C.:

 

On March 7, 2019, the U.S. Department of Labor (DOL) unveiled its new overtime proposal in a Notice of Proposed Rulemaking (NPRM), which would update the salary threshold according to which workers are entitled to overtime compensation. According to the proposal, the new salary level will increase from $455 per week (which amounts to $23,660 annually) to $679 per week (which amounts to $35,308 annually). Al Robinson (shareholder in the Washington, D.C. office, co-chair of the firm’s Wage and Hour Practice Group, and former acting administrator of the Wage and Hour Division) has written a summary of the new proposal. We will be publishing an in-depth analysis as well as conducting a webinar providing a detailed discussion of the NPRM shortly.

This proposal will require some employers to review salaried exempt classifications for compliance. Please let us know if you have any questions.

Best regards,

Mark

Mark M. Stubley| Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
864-240-8318