ZK Update – DOL Publishes Updated Overtime Exemption Threshold for Salaried Employees
On Tuesday, September 24th, the Department of Labor (“DOL”) announced a final rule for its interpretation of the salaried employee exemptions from minimum wage and overtime pay requirements under the Fair Labor Standards Act. The rule, commonly known as the “EAP” exemption (Executive, Administrative, Professional), provides that employees are exempt from overtime requirements if they […]