Hey Compliance Warriors!
The U.S. Department of Labor (DOL) has finalized decisions not to defend the overtime rule finalized under the Obama Administration. Instead, the DOL has begun a new rulemaking process. Read on…
On September 6th, 2017, the Fifth Circuit granted USDOL’s unopposed motion to voluntarily dismiss its appeal of the preliminary injunction. Employers now await the possibility of a new (Trump-Era) rule, almost certain to carry a substantially lower minimum salary requirement than the Obama-Era rule. The DOL’s recently-published request for information responses are due by September 25, 2017. If you have yet to comment, you only have two weeks left!
We will continue to follow these developments and keep you up-to-date on the progress as changes occur.
Until Next Time, Be Audit Secure!