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ARTICLE · 17 JANUARY 2015

FLSA Regulations...Changes Are On The Way

Fisher Phillips LLP
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Craig Cowart’s article "FLSA Regulations...Changes Are on the Way" was featured in January 2015 issue of HR Professionals Magazine.

United StatesEmployment and HR
Craig Cowart
Craig Cowart
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Craig Cowart's article "FLSA Regulations...Changes Are on the Way" was featured in January 2015 issue of HR Professionals Magazine.

Back on March 13, 2014, President Obama directed the Secretary of the U.S. Department of Labor to prepare and propose new Fair Labor Standards Act ("FLSA") regulations. The FLSA is the federal law that establishes minimum wage and overtime pay requirements. The new proposed regulations are to specifically address the rules for exemptions of certain employees from the FLSA overtime requirements.

The anticipated changes are likely to reduce the number of employees who qualify for exempt status. As a result, the cost of doing business for employers will increase. This is an important issue that human resources professionals should be informed about and prepared to address.

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