More Info about the DOL’s Final Rule

I have not yet read all 508 pages of the DOL’s Final Rule, but 100 pages in, here are two important points: (i) Employers will be permitted to count non-discretionary bonuses, incentives and commissions toward up to 10% of the required salary threshold as long as the bonuses, incentives and/or commissions are paid at least quarterly; and (ii) the $913 weekly salary number is based on Census numbers for the 40th percentile for full-time salaried workers in the South, which has the lowest weekly wage of all Census regions.

More posts as I digest pages 101-508.

 

 

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