TRSA recently submitted comments to the U.S. Department of Labor (DOL) opposing the agency’s proposed regulation increasing the salary threshold for employees to receive overtime pay. Click bit.ly/DOLTest to see TRSA’s comments.
 
The DOL currently intends to increase the minimum salary threshold by approximately 200%, to $921 per week, which equates to a $47,892 salary annually. In addition, the DOL wants to raise the total-annual-compensation threshold for “highly compensated employees” exemption by about 22%, from its present $100,000 minimum to a new level of $122,148.And for the first time in the more-than-75-year history of these exemptions, the ...