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Threshold Requirements Proposed Rules

Foley & Lardner LLP

Preparing for Expected Changes to Exempt Salary Threshold

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As summer looms near, employers of salaried workers would be wise to prepare for anticipated increases to the salary basis threshold for certain categories of exempt employees under the Fair Labor Standards Act (FLSA). As...more

Ward and Smith, P.A.

New Year, (Potentially) New Rules?

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Sometimes, the only constant is change.  This New Year is no different.   In 2023, we saw several developments in labor and employment law, including federal and state court decisions, regulations, and administrative agency...more

Proskauer - Law and the Workplace

Governor Hochul Vetoes New York Non-Compete Ban

After months of speculation and intense lobbying, New York Governor Kathy Hochul vetoed a bill that would have imposed a near-total ban on employee non-competition agreements in New York State. Governor Hochul has long...more

Ballard Spahr LLP

CFPB/Fed/OCC increase exemption thresholds for appraisal requirement, Regs Z and M (UPDATED)

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The CFPB, Fed, and OCC have announced that they are increasing three exemption thresholds that are subject to annual inflation adjustments.  Effective January 1, 2024 through December 31, 2024, these exemption thresholds are...more

Venable LLP

FTC Set to Reshape HSR Premerger Notification Process

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Merger control in the United States is on the cusp of significant change as the Federal Trade Commission, in collaboration with the Department of Justice, prepares to finalize a proposed rule—first announced in June—that will...more

Venable LLP

New Proposed DOL Rule May Mean More Workers Receive Overtime Pay

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A new rule, proposed by the U.S. Department of Labor's Wage and Hour Division (DOL) on August 30, 2023 (the Proposed Rule), will expand the group of workers who are entitled to overtime. If implemented, the Proposed Rule will...more

Parker Poe Adams & Bernstein LLP

Labor Department Proposes Raising FLSA Overtime Exemption Salary Minimum to $55K

Last week, the U.S. Department of Labor (DOL) announced a proposal to increase the salary requirement for employers to claim certain exemptions from the Fair Labor Standards Act’s overtime and minimum wage requirements to...more

Butler Snow LLP

Department of Labor Proposed Increased Salary Threshold for Exempt Employees

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The U.S. Department of Labor (DOL) recently proposed a rule to raise the salary threshold for the white collar overtime exemptions from the current $684 per week minimum ($35,568 annualized) to $1,059 per week ($55,068...more

Benesch

An Estimated 3.4 Million More Workers to be Eligible for Overtime Under DOL Proposed Rule

Benesch on

The Department of Labor (DOL) has issued a proposed rule to increase the salary required to be “exempt” under the Fair Labor Standards Act (FLSA)....more

Lathrop GPM

3.6 Million Reasons Employers Should Monitor the DOL’s Proposed Overtime Rule

Lathrop GPM on

On August 30, 2023, the U.S. Department of Labor (“DOL”) announced a proposed rule intended to “restore and extend overtime protections to 3.6 million salaried employees.” If finalized, the proposed rule would raise the...more

Roetzel & Andress

Labor Department Proposes Overtime for Currently Exempt Employees Earning $55,000/Year or Less

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The Labor Department released a proposed rule increasing the salary threshold for overtime-exempt employees from the current $35,568/year to $55,000/year. The proposal will be open for public input for 60 days once its...more

Snell & Wilmer

DOL Working Overtime To Increase Salary Exemption Threshold

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On August 30, 2023, the U.S. Department of Labor (“DOL”) announced its proposed watershed rule change to employee exemptions under the Fair Labor Standards Act (“FLSA”). This proposed rule, among other changes, would increase...more

Fox Rothschild LLP

U.S. Department of Labor Proposes Increases to Salary Thresholds for Overtime Exemptions

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The U.S. Department of Labor (DOL) proposed rules on August 30, 2023, to raise the salary threshold level necessary to exempt certain employees from the Fair Labor Standards Act’s (FLSA) minimum wage and overtime pay...more

Gould + Ratner LLP

New DOL Proposal Would Expand Overtime Pay to Millions of Workers

Gould + Ratner LLP on

The U.S. Department of Labor (DOL) has announced a new proposed rule that – if it becomes final – would extend overtime pay to over 3 million American workers. Annual Salary Threshold for EAP Exemptions Increases to...more

Vedder Price

DOL Proposes Rule That Will Raise the Minimum Salary Threshold for Overtime Eligibility under the FLSA

Vedder Price on

On August 30, 2023, the U.S. Department of Labor (“DOL”) issued a new proposed rule pursuant to which certain workers who are otherwise exempt will be eligible for overtime pay if they do not receive an annual salary or total...more

Smith Anderson

FTC Proposes Major Expansion and Revision of HSR Rules and Form

Smith Anderson on

On June 27, 2023, the Federal Trade Commission (“FTC”) and the Department of Justice (“DOJ”) released proposed changes to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR” or the “Act”) premerger notification...more

Bass, Berry & Sims PLC

Buy American Baby Steps: FAR Council Publishes Proposed Rule Implementing Part of President Biden’s Executive Order

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The FAR Council recently published its proposed rule to implement a part of President Biden’s January 28, 2021 Executive Order No. 14005 (EO 14005), which dictated certain revisions to the Buy American Act (BAA) regulations....more

Proskauer Rose LLP

New Proposed Rules Could Change the Hart-Scott-Rodino Reporting Landscape, and Not for the Better

Proskauer Rose LLP on

Practitioners and dealmakers have lived under the Hart-Scott-Rodino (HSR), reporting requirements for a long time and have developed a pattern and practice for assessing reporting obligations and managing compliance and risk....more

Proskauer Rose LLP

SEC Proposes Increasing the 13F Threshold to $3.5 billion

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On July 10, 2020, the Securities and Exchange Commission (“SEC”) proposed significantly increasing the reporting threshold requiring the filing of a Form 13F to $3.5 billion, a 35-fold increase from the current threshold....more

Cadwalader, Wickersham & Taft LLP

SPECIAL FUND ALERT: Proposed HSR Rule Amendment: Foreign Today but Not Tomorrow?

On November 8, 2019, the Federal Trade Commission (“FTC”) and the Antitrust Division of the U.S. Department of Justice (“DOJ”) proposed changes to the premerger notification rules (“Rules”) relating to how U.S. and foreign...more

Stinson - Government Contracting Matters

Short Take: Proposed Rule Raises Certified Cost or Pricing Threshold to Implement Section 811 of FY18 NDAA

On October 2, 2019, DoD, GSA and NASA issued a proposed rule amending the FAR to implement Section 811 of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2018. The amendment increases the threshold for...more

Ballard Spahr LLP

CFPB Issues Final HMDA Rule (2019 Update)

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The CFPB recently issued in final form two elements of a May 2019 Home Mortgage Disclosure Act (HMDA) proposed rule. As previously reported, the May 2019 proposal would...more

Miller Canfield

Department of Labor Proposes Another New Overtime Rule

Miller Canfield on

The Department of Labor (DOL) has issued a Notice of Proposed Rulemaking, proposing changes to the salary threshold for the white collar exemptions under the Fair Labor Standards Act (FLSA). If the proposed rule from March...more

Latham & Watkins LLP

Overtime Rules: US Labor Department Proposes Hiking Salary Threshold for Exempt Employees

Latham & Watkins LLP on

Highly anticipated proposal raises the minimum base salary for exempt employees to US$35,308, while formally rescinding the enjoined 2016 final rule that would have doubled the current minimum level. Key Points: •...more

Vedder Price

DOL’s Long-Awaited Overtime Proposed Rule Announced

Vedder Price on

Recent developments on the wage and hour front will soon require employers to reexamine exemption classifications within their workforce. On March 7, 2019, the U.S. Department of Labor (“DOL”) released its long-awaited...more

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