The U.S. Department of Labor's (DOL) highly anticipated changes to the overtime provisions of the federal Fair Labor Standards Act (FLSA) were published on Thursday, March 7, 2019 ("proposed Overtime Rule"). ...more
Since 2014 when President Barack Obama directed the DOL to “modernize” the overtime law, the new overtime rules were announced, published, revised, published again, finalized, legally challenged and then judicially blocked....more
In this issue:
- Controversial Overtime Rule Comes in For a Landing
- What You Need to Know About Hospitality REITs
- The Legal Implications of Restaurant-Designed House Brand Craft Beers
- FDA Finalizes Revisions...more
After two years of wait, debate and overall angst for employers across the country, the new overtime rules were announced today. The details of the rule are available, but final publication of the rule in the Federal Register...more
May 16th may be a significant day for employers across the country. After more than two years of debate, analysis and overall panic from employers across the country, this is the deadline that was widely reported when the...more
The financial services area received a defeat earlier this year when the United States Supreme Court in March upheld the Department of Labor's (DOL) Administrative Interpretation concluding that mortgage loan officers do not...more
9/28/2015
/ Appraisal Management Companies ,
Banking Sector ,
Banks ,
Bonuses ,
Collective Actions ,
Consumer Lenders ,
Consumer Price Index ,
Department of Labor (DOL) ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Financial Institutions ,
Managers ,
Minimum Salary ,
Minimum Wage ,
Mortgage Loan Officer ,
Mortgages ,
Non-Exempt Employees ,
NPRM ,
Obama Administration ,
Recordkeeping Requirements ,
Sales Commissions ,
SCOTUS ,
Unpaid Overtime ,
Wage and Hour ,
White-Collar Exemptions
In a March 13, 2014, memorandum, President Barack Obama directed the Department of Labor (DOL) to "modify," "streamline" and "simplify" the federal regulations regarding exemptions to overtime under the Fair Labor Standards...more
9/3/2015
/ Compliance ,
Department of Labor (DOL) ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Fast-Food Industry ,
Hospitality Industry ,
Minimum Salary ,
Minimum Wage ,
Non-Exempt Employees ,
NPRM ,
Obama Administration ,
Unpaid Overtime ,
Volunteers ,
Wage and Hour ,
White-Collar Exemptions
Employers across the country are trying to get their arms around the implications of the Department of Labor's (DOL) proposed changes to the overtime regulations. These proposed changes, which were published on June 30, 2015,...more