The Texas and Houston CPA Societies are hosting their annual CPE by the Sea Conference. They have tapped Alan to speak on the following topic:
Overtime Pay: Sleepless in San Antonio
New overtime pay regulations from the Department of Labor (“DOL”) were set to go effective on December 1, 2016, but didn’t. A federal judge stepped in with an injunction. Had the regulations gone live, the salary basis threshold for an employee to satisfy the Fair Labor Standard Act’s (“FLSA”) white collar exemptions from overtime pay would have more than doubled. Employees paid below the threshold simply could not qualify for a white collar overtime exemption. The previously-exempt employees would get overtime pay unless they qualified for some other exemption.