New Overtime Rules Coming Soon?

Almost two years ago, the President signed a “Presidential Memorandum” which directed the United States Department of Labor (“DOL”) to update the regulations regarding the so called “white collar” salary exemption from overtime. The DOL reports on its website that it “embarked on an extensive outreach program, conducting listening sessions in Washington, DC, and several other locations, as well as by conference call … attended by a wide range of stakeholders: employees, employers, business associations, non-profit organizations, employee advocates, unions, state and local government representatives, tribal representatives, and small business … to address, among other issues: (1) what is the appropriate salary level for exemption; (2) what if any changes should be made to the duties tests; and (3) how the regulations could be simplified.”