A Request for Information (RFI) recently issued by the Department of Labor (DOL) may contain some clues into potential changes on the horizon related to overtime regulations.
What should nonprofit employers be watching for? According to What’s New in Benefits & Compensation (Sept. 15, 2017), in addition to suggesting the possibility of multiple salary levels, the RFI contained three key questions posed by the Department of Labor:
Question 3 – Should the regulations contain different salary levels for different exemptions (administrative, professional, executive)?
Qustion 4 – Would a standard salary level based on each of these methodologies work effectively with the standard duties test or would changes to the duties test be needed?
Question 11 – Should the standard salary level and highly compensated total annual compensation level be automatically updated on a periodic basis?
Employers wishing to comment on any issue in the RFI should do so before the September 25, 2017 deadline.
Read the DOL’s full Request for Information here.