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Overtime Regulations Up for Review

March 23, 2022 3:48 PM | Chelsey Blakenship (Administrator)

The Labor Department’s Wage and Hour Division recently announced that it is reviewing the regulations that implement the exemption of bona fide executive, administrative, and professional employees from the Fair Labor Standards Act’s minimum wage and overtime requirements. The review aims to update the salary level threshold for the so-called “white-collar exemptions” (currently set at $35,568 annually). Recognizing smaller employers may have concerns about proposed changes, the Small Business Administration Office of Advocacy is holding a virtual roundtable to hear directly from small businesses and nonprofits. This Small Business Virtual Roundtable on Upcoming Overtime Regulations will take place on Friday, March 25, 2022, 2:00 pm – 3:30 pm Eastern. Nonprofits are invited to register for the roundtable by sending an email to Janis.Reyes@sba.gov

 
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