by ASA | May 19, 2016 12:33 pm
Increases the Minimum Salary to Qualify as Exempt from Overtime Requirements
WASHINGTON, D.C., May 19, 2016 – On May 17, the U.S. Department of Labor (DOL) issued a new rule for the nation’s overtime regulation. According to the DOL, the rule will serve to:
The DOL notes that under the rule, employers will be required to raise the salaries of employees to or above the salary level to maintain their exempt status, pay overtime in addition to the employee’s current salary when necessary or evaluate and realign hours and staff workload.
ASA members are encouraged to review these rule changes relative to their businesses prior to Dec. 1, 2016, when the final rule takes effect. For more information, please click here.
The Automotive Service Association is the largest not-for-profit trade association of its kind dedicated to and governed by independent automotive service and repair professionals. ASA serves an international membership base that includes numerous affiliate, state and chapter groups from both the mechanical and collision repair segments of the automotive service industry.
ASA advances professionalism and excellence in the automotive repair industry through education, representation and member services. To take advantage of the many benefits of membership in ASA, please visit www.ASAshop.org or call (817) 514-2900.
For additional information about ASA, including past media releases, go to www.ASAshop.org, or visit ASA’s legislative website at www.TakingTheHill.com.
Contact: ASA Washington, D.C. Office
For Release: Immediate
News Bulletin 16.22
Source URL: http://asashop.org/u-s-department-labor-issues-final-overtime-rule/
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