We have been waiting and waiting...
The USDOL has been tasked with revising the Fair Labor Standards
Act ("FLSA") white collar exemptions, but evidently these
revisions will not be ready by the (initial) November 2014
deadline. The Solicitor of Labor M. Patricia Smith has stated that
she anticipates they will be presented early in 2015.
Several months ago, the President instructed the Secretary of
Labor to "modernize and streamline" the current overtime
regulations, which were just revised in August 2004, which, in the
world of law, is but a moment ago. The Administration had concluded
that, as millions of Americans are ostensibly not eligible for
overtime under these 2004 regulations, the current regulations are
"already" outmoded and the rules need to be made
stricter, to allow more overtime coverage for more workers.