On November 16, 2016, a Texas federal judge announced at a hearing that his decision on whether to block the U.S. Department of Labor’s(“DOL”) new overtime rules from taking effect would be made by November 22, 2016. Earlier this year, the DOL issued its final changes to the federal overtime regulations, which significantly increase the minimum salary threshold requirements for the common white collar exemptions from the regulations. An estimated 4.2 million workers who are currently classified as exempt under the white collar exemptions would be effected by the new rules.
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