Hospitality Industry Take Note: Labor Department Issues New Overtime Rules -- Minimum "Exempt" Salary Threshold Raised and Millions of Additional Workers Entitled to Overtime

On May 18, 2016, President Obama and the Labor Department issued the much anticipated final rule regarding overtime regulations, which significantly raises the minimum salary threshold required to qualify for “white collar exemptions” under the Fair Labor Standards Act. These new Department of Labor Overtime Rules may be of particular interest to businesses in the hospitality industry that typically employ salaried managers, assistant managers and similarly-classified individuals in the affected salary ranges and who have been the subject of private wage-hour litigation and Department of Labor investigations in the past.

To read the article:  Labor Department Issues New Overtime Rules