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Monthly Archives: April 2015

The importance of following FLSA regulations

April 1, 2015

On March 13, 2014, President Obama declared the federal Fair Labor Standards Act (FLSA) regulations as outdated. He ordered the U.S. Department of Labor to propose new rules that could make millions of additional American workers eligible for overtime pay. Today, employers can declare certain executive, administrative and other professional employees as exempt from overtime, as long as they earn more than $455 per week ($23,000 annually) and meet defined work duty requirements. Most specifically, the Administration is focusing on this salary threshold, which has been updated only twice in the last 40 years (1975 and 2004).