2016 FLSA Proposed Changes

Daily Time Record With Blank Payroll Time SheetEmployers should start preparing now for anticipated changes to the Fair Labor Standards Act (FLSA) in 2016, as the Department of Labor has indicated that their final regulations will most likely be issued in July of next year. The FLSA anticipated changes include an increase to exempt employees’ salary thresholds, an increase to “highly compensated” employees’ salary thresholds, and implementing penalties to employers for misclassifying non-exempt employees as exempt. These changes will ultimately create an upsurge in employees who are eligible for overtime pay.

For more information on the DOL’s proposed changes, please click here.