BY MEREDITH M. SAYRE
In March 2014, President Barack Obama issued a memorandum directing the Department of Labor to “modernize and simplify” the Fair Labor Standard Act’s overtime and minimum wage requirements. The DOL engaged in an outreach program, issued a proposed rule, and on May 23, the Final Rule was published in the Federal Register and was to go into effect on Dec. 1. The changes would raise the salary level requirement for executive, administrative and professional workers from $455 per week ($23,660 per year) to $913 per week ($47,476 per year). No changes . . .
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