On May 18, 2016, the Department of Labor (DOL) issued its Final Rule updating regulations defining which white collar workers are protected by the FLSA’s minimum wage and overtime standards.
The Fair Standards Act (FLSA)
As we roll into 2016, a concern from 2015 has followed us into the New Year. During 2015, much had been said, speculated, and decided in regards to minimum wage increases.
For most of July, many Human Resource professionals have been discussing the recent proposed changes to the Fair Labor Standards Act regulations.
Thanks to Astronology® reader Milvana Grzan, of Memorial Sloan-Kettering Cancer Center, New York, NY, for providing this issue’s topic. Ms. Grzan asks how an organization can provide extra compensation to exempt staff without violating the Fair Labor Standards Act (FLSA).