The final FLSA rules would have increased the minimum salary threshold from $455/week ($23,660/year) to $913/week ($47,476/year), effective December 1, 2016, doubling the threshold for the exemption from overtime pay. However, within two weeks of the effective date of the increase, a federal court in Texas issued a preliminary injunction, effectively putting the increase on hold. Thus, employers may continue to use the $455 per week threshold for now. Further, given the 2016 election results, it is questionable as to when and whether the threshold will increase.
https://www.psandeassociates.com/wp-content/uploads/2017/01/pam-sande-minimum-salary-threshold.jpeg 773 1030 Pamela Sande & Associates /wp-content/uploads/2016/03/pamela-sande-horizontal-log.png Pamela Sande & Associates2017-01-17 16:46:132017-04-23 21:54:10FLSA Minimum Salary Threshold Increase on Hold