DOL Overtime Rule Update
On Nov. 22, 2016, the Department of Labor's (DOL) overtime rule was halted by a preliminary injunction, issued by a federal judge in Texas. The rule, which was scheduled to take effect Dec. 1, 2016, would have increased the annual salary threshold for "white" collar overtime exemptions "to $47,476.
With this rule halted, employers across the country can enjoy a reprieve from having to raise salaries for exempt employees to the new threshold or pay them overtime.
However, on Dec. 1, 2016, the last possible day, the DOL filed an appeal on the Nov. 22 decision. The parties' final briefs on the appeal were due Jan. 31, 2017.