FLSA salary regulations

DOL’s Proposed FLSA Regs Will More than Double the Salary Requirement for Overtime ExemptionThe Department of Labor issued its long-awaited proposed FLSA salary regulations today and, as many feared, they will have a massive impact on American businesses, more than doubling the salary companies must pay their employees to qualify for exempt status from overtime. The current minimum salary for exemption is $455 per week ($23,660 annually). The