The Department Of Labor Announces New
Exempt Salary Levels and Implementation Date
“Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” -- Sir Winston Churchill, following the Battle of El Alamein, 1942.
Following a proclamation of intention about a year ago, and nearly 12 months of anxious concern and speculation by employers, the United States Department of Labor has published the final rule regarding increased salary levels for exempt employees. The news is not as bad as it could be but it still represents a seismic change for employers. Here is what we know: Read More