New DOL Salary Requirements for Exempt Employees
New DOL Salary Requirements for Exempt Employees
June 14, 2016
Agenda
? Introductions ? Background ? Current Law until 11/30/16 ? Final Rule ? What's new as of 12/1/16 ? Next steps and options ? Legal claims ? Q&A
? 2016 Fredrikson & Byron, P.A.
Background
? The law
? Fair Labor Standards Act (federal) ? State law ? Conflict? Best for employee.
? 2016 Fredrikson & Byron, P.A.
Background
? Covered employer:
? Annual revenue of at least $500,000 ? Hospitals, medical or nursing care for
residents, schools and preschools, and government agencies
OR ? Covered employee:
? Work involves "interstate commerce"
? 2016 Fredrikson & Byron, P.A.
Background
? Non-exempt
? Record hours worked ? Must pay at least minimum wage for all
hours worked ? Must pay overtime at 1.5x regular rate
of pay for all hours worked over 40 in workweek ? Can pay hourly, salary or other, but most are paid hourly
? 2016 Fredrikson & Byron, P.A.
Background
? Exempt
? Need not record hours worked ? Not entitled to overtime pay ? Must qualify for exempt status under at
least one FLSA exemption
? 2016 Fredrikson & Byron, P.A.
Background
? Primary FLSA Exemptions
? Executive Exemption ? Administrative Exemption ? Professional Exemption ? Computer Exemption ? Highly Compensated Exemption
? 2016 Fredrikson & Byron, P.A.
Background
? Executive Exemption
? Annualized salary of at least $23,660 ($455/week); AND
? Required job duties
? 2016 Fredrikson & Byron, P.A.
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