First few Article Sentences
On June 30, 2015, the U.S. Department of Labor’s (“DOL”) proposed changes to the Fair Labor Standards Act’s (“FLSA”) white-collar exemption rule, which would raise the salary threshold for exempt employees from $23,660 or $455 per week, to $50,440 annually or $970 per week. The proposed change also includes automatic period increases to the salary threshold. Statistics show that, if adopted, these changes will affect approximately 4.6 million employees that are currently classified as salary-exempt, including a large number of employees in the health care industry.