DOL revises overtime pay requirements for employees.
In its new regulations, the DOL clarified and simplified the tests for determining whether an employee meets a whitecollar exemption; raised the minimum salary requirement for exempt employees, allows employers to deny overtime to "highly compensated" employees who make at least $100,000 per year and have minimal exempt duties or responsibilities; allows employers to suspend an exempt employee for misconduct in one-day increments; provides a new "safe harbor" making it easier for employers to fix improper deductions from an exempt employee's pay; and loosens the educational requirements for employees to be classified as exempt professionals.
The new regulations also cover a host of other overtime issues, including stronger overtime protections for blue-collar workers, police and fire officers, emergency medical technicians and paramedics, and licensed practical nurses. The final overtime regulations and an online seminar covering key topics on the new rules are available on the DOL's Web site at www.dol.gov/esa/regs/compliance/whd/fairpay/main.htm.
On May 4 the Senate voted to block the new DOL overtime pay regulations. At press time, no action had yet been taken by the House of Representatives. President Bush has announced he would veto any legislative action to derail the DOL rules.
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|Title Annotation:||regulatory matters; Department of Labor|
|Article Type:||Brief Article|
|Date:||Jun 1, 2004|
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