{"id":12244,"date":"2016-06-10T16:42:41","date_gmt":"2016-06-10T16:42:41","guid":{"rendered":"https:\/\/www.vailvalleypartnership.com\/?p=12244"},"modified":"2016-06-13T15:00:16","modified_gmt":"2016-06-13T15:00:16","slug":"12244","status":"publish","type":"post","link":"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/","title":{"rendered":"Department of Labor Rule on Overtime"},"content":{"rendered":"<h3 class=\"null\">Rule on Overtime<\/h3>\n<p>Get ready, local businesses. The Department of Labor has revised the definition of exempt employees, which is likely to impact many businesses across industry sectors. Small businesses with a high number of hourly and seasonal employees, nonprofits, and retail, restaurant, and manufacturing industries will be most affected.<\/p>\n<p>Here are a few of the key details on the new rule:<\/p>\n<ul>\n<li>The final rule radically increases the salary threshold under which most employees will be automatically eligible for overtime pay. \u00a0The current salary level required for exemption is $455 a week ($23,660 for a full-year employee), which was last updated in 2004, and the new exemption threshold will be $913 a week, or $47,476 per year. \u00a0The deadline to comply is December 1, 2016.<\/li>\n<li>Employers can take up to a 10% credit towards the salary threshold from commissions or bonuses as long as they are paid at least quarterly.<\/li>\n<li>Tthe change in the salary threshold also includes an automatic adjustment every three years. The adjustment will be tied to the 40th percentile of full time salaried workers in the lowest wage region of the country (currently the Southeast).<\/li>\n<li>The overtime rule leaves intact the current &#8220;duties test&#8221; that employees must meet to be exempt, in addition to being paid a salary above the $47,476 threshold.<\/li>\n<\/ul>\n<p>This\u00a0<a href=\"https:\/\/gallery.mailchimp.com\/a7a72e85092085340864dca0f\/files\/presentation___2016___preparing_for_change___dols_final_rule_on_overtime_5_24_2016_final_chamber_edits.pptx\" target=\"_blank\">presentation<\/a>\u00a0from Tammy McCutchen of Littler Mendelson P.C., former wage and hour administrator in the Bush administration, provides guidance on how to comply with the new regulation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rule on Overtime Get ready, local businesses. The Department of Labor has revised the definition of exempt employees, which is&#8230;<br \/><a class=\"read-more\" href=\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/\">Read More<\/a><\/p>\n","protected":false},"author":1831,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-12244","post","type-post","status-publish","format-standard","hentry","category-legislative-update"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Department of Labor Rule on Overtime | Vail Valley Partnership<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Department of Labor Rule on Overtime | Vail Valley Partnership\" \/>\n<meta property=\"og:description\" content=\"Rule on Overtime Get ready, local businesses. The Department of Labor has revised the definition of exempt employees, which is...Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/\" \/>\n<meta property=\"og:site_name\" content=\"Vail Valley Partnership\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/VailValleyPartnership\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-10T16:42:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-06-13T15:00:16+00:00\" \/>\n<meta name=\"author\" content=\"aalbrecht\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"aalbrecht\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/\"},\"author\":{\"name\":\"aalbrecht\",\"@id\":\"https:\/\/www.vailvalleypartnership.com\/#\/schema\/person\/16d22cb49550e00ffe40219752cb632c\"},\"headline\":\"Department of Labor Rule on Overtime\",\"datePublished\":\"2016-06-10T16:42:41+00:00\",\"dateModified\":\"2016-06-13T15:00:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/\"},\"wordCount\":242,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.vailvalleypartnership.com\/#organization\"},\"articleSection\":[\"Legislative Update\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/\",\"url\":\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/\",\"name\":\"Department of Labor Rule on Overtime | Vail Valley Partnership\",\"isPartOf\":{\"@id\":\"https:\/\/www.vailvalleypartnership.com\/#website\"},\"datePublished\":\"2016-06-10T16:42:41+00:00\",\"dateModified\":\"2016-06-13T15:00:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.vailvalleypartnership.com\/2016\/06\/12244\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.vailvalleypartnership.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Department of Labor Rule on Overtime\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.vailvalleypartnership.com\/#website\",\"url\":\"https:\/\/www.vailvalleypartnership.com\/\",\"name\":\"Vail Valley Partnership\",\"description\":\"Support. 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