November 27, 2017
This article first appeared in Inside INdiana Business’ “Perspectives”
The revised overtime rule proposed by the Department of Labor under the Obama administration was recently struck down by the same U.S. District Judge who put its implementation on hold in November last year. The rule would have more than doubled – from $23,660 to $47,476 – the minimum annual salary that qualified for the Fair Labor Standards Act’s “white collar” exemptions.