Proposed White-Collar Exemption Rule Officially Published; Department of Labor Accepting Comments

Last week, MSEC notified members of an upcoming Proposed Rule with major updates for exempt employees, particularly with respect to the salary basis test, which is currently set at $455 a week ($23,660 per year). That Proposed Rule appears in today’s Federal Register with a September 4, 2015 deadline for comments. For instructions in submitting comments, refer to the U.S. Department of Labor’s site for the proposed rule.

MSEC will host a webinar on the proposed updates on July 22, 2015. Watch for details.