DOL has finally released the new salaried exempt rules. It raises the salary rates to $913 per week or $47,476 per year. It becomes effective December 1, 2016. This is the time for companies to evaluate individuals who will be impacted by the new salaried exempt rates and determine and implement options. Attached is a memo with more details. We hope this information is helpful to you. Please feel free to circulate to members of your association and use in newsletters, etc.
Julie A. Pace | The Cavanagh Law Firm | Responsive, Creative, Results. 1850 North Central Avenue, Suite 2400 | Phoenix, Arizona 85004 | Direct: 602.322.4046| Cell: 602.397.9871| Fax: 602.322.4101| firstname.lastname@example.org