U.S. Department of Labor Updates Overtime Rule
October 30, 2019 - On September 24, 2019, the U.S. Department of Labor (“DOL”) announced a final rule that will purportedly make 1.3 million American workers newly eligible for overtime pay. According to the DOL, the final rule updates the earnings thresholds necessary to exempt executive, administrative and professional employees from the Fair Labor Standards Act’s (“FLSA”) minimum wage […]