United Benefit Advisors Insight and Analysis Blog

Salary Considerations under the New DOL Standards

Posted by: Nancy Bourque    Aug 18, 2016 10:30:00 AM

On December 1, 2016, the Department of Labor (DOL) will implement changes raising the minimum compensation for exempt employees to $47,476 annually. While salary is just half of a two-part equation that includes a duties test of essential job functions, scrutiny is under way to analyze compensation and find solutions to avoid conflict with the new rule. Many employers are asking: Why not just have all employees work 40 hours and get approval for overtime?

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Topics: Nancy Bourque, counting employee hours, Department of Labor salary considerations, exempt employee salary, tracking employee hours