Many employers have asked about the potential impact of the election of Donald Trump on the status of the new overtime pay regulations under the Fair Labor Standards Act (FLSA), which essentially double the minimum salary for most white-collar exemptions to $913 per week (equal to $47,476 annually). While President-elect Trump is expected to pursue policies that are more business-friendly than those of President Obama, employers still need to be prepared to meet the overtime rule’s compliance deadline of December 1, 2016.
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