Changes to Overtime Rules

Today President Obama signed a presidential memorandum directing the Department of Labor to devise new overtime rules.  In particular, the President wants the DOL to raise the $455/week salary basis minimum so more salaried workers are eligible for overtime. http://www.washingtonpost.com/politics/obama-to-order-strengthened-overtime-pay-rules/2014/03/13/cbca266c-aa7e-11e3-8a7b-c1c684e2671f_story.html

We will continue to monitor developments from the DOL on this topic.

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