August 16, 2019
A final rule increasing the salary threshold for overtime-exempt employees, which is under review by the Office of Management and Budget, could be published by the end of September.
As proposed, the rule would:
Legal challenges are expected to be filed immediately upon publication and could delay the effective date of the rule.
Outlook: The House will hold hearings on the final rule and it will likely be an issue in the 2020 presidential campaign. Employers should be prepared to implement the final rule 120 days after it is published.