Today, the U.S. Department of Labor issued the final version of its new overtime rule that will take effect Dec. 1, 2016. The rule increases the minimum salary threshold for overtime pay eligibility to $47,476 per year – more than double the current threshold. In essence, the new rule extends overtime protections to more than 4 million workers within the first year of implementation. This new rule will have far-reaching implications for our clients and employers across the state of Florida. A review of salaries, job descriptions and a Fair Labor Standards Act (FLSA) Audit is key for employers in the coming months so that compliance with the new rule is achieved and risk of FLSA claims are minimized.
Broad and Cassel’s Labor and Employment team of attorneys have represented clients in a variety of labor and employment matters, including FLSA compliance, wage and hour claims and more, and regularly counsel clients regarding day-to-day employment decisions, including hiring, firing, personnel problems, wage and hour issues, discipline, investigations regarding allegations of sexual harassment and/or discriminatory issues, ADA, and more.
For more information on the final rule, please visit the Department of Labor’s website.