The Bottom Line
with contributors from Associated Bank
July 2016
07/06/16Why the final changes to wage and hour law may have you crying 'uncle'After much anticipation and speculation, the final regulations changing the salary basis test for determining exemption status have arrived. Among other changes, the final regulations have more than doubled the amount that employees must minimally be paid in order to be considered exempt. This is no small matter, as it is anticipated that millions of currently exempt employees will be affected. |
