Proposed Changes to the FLSA Overtime Regulations and the Actions Financial Institutions Should Take

Financial Institutions

May 01, 2016
by Julia Johnson

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Julia Johnson Julia Johnson
Senior Manager, Human Resource Consulting

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At the recent 2016 American Bar Association’s midwinter meeting, Solicitor of Labor Patricia Smith announced that the final amendments to the Fair Labor Standards Act’s (FLSA’s) so-called “white collar” exemptions will be published in July 2016.  The Department of Labor (DOL) expects the regulations will become effective 60 days after publication and is committed to them being effective by the end of 2016.  


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