Labor & Employment Alert: Be Prepared for a New Version of Overtime Rules to be Announced this Spring
By Stephen P. Bond & Christopher J. Carney on February 21, 2019
Last month, the Department of Labor filed proposals with the Office of Information and Regulatory Affairs (“OIRA”), formally announcing that they have come up with new versions of the federal overtime regulations, apparently concerning how to define the overtime exempt categories of “executive, administrative, and professional” and, apparently, revising how monetary floors on wages may be part of that determination. OIRA is entitled to take 90 days to review the proposed regulations before they are announced to the public. So, for the time being, we cannot tell you how the regulations are going to change – we can only tell you that they likely will be changing and that, barring new court action, you may well be dealing with those changes by the end of 2019.
To read the full alert, please click here.