As explained in Nardone Limited’s previous blog on this topic, on Wednesday, May 18, 2016, the United States Department of Labor (“DOL”) through the DOL’s Wage and hour Division (“WHD”) published its Final Rule (the “Final Rule”) updating the U.S. employee overtime regulations under the Federal Fair Labor Standards Act (the “FLSA”). As the Nardone Limited Employment Blog has previously detailed, FLSA contains the statutory regulations that mandate employee overtime pay and sets the parameters for when overtime wages must be paid. As promised in Nardone Limited’s prior blog post, this article serves to provide a detailed explanation of the DOL’s new Final Rule and its official changes to the WHD rules governing employee overtime eligibility.
