Key points
•The final rule increases the standard salary threshold from $455 per week to $684 per week ($35,568 per year).
•The final rule increases the HCE total annual compensation threshold (the level at which a...more
After the Obama Administration proposals to increase the salary threshold to qualify for exempt status were halted, the Trump Administration spent two years formulating its version of changes.
On March 7, 2019, the...more