The Department of Labor (DOL) is expected to issue a new rule on overtime pay exemptions this fall that is likely to expand the pool of American workers eligible for overtime pay.
The overtime rule sets a salary threshold used to determine which employees are eligible to receive overtime pay when they work over 40 hours per week.
OSCPA is among many business organizations seeking to gauge how new overtime rules would affect employee work schedules and related payroll expenses. Depending on the business sector, many employees may qualify as exempt from overtime eligibility if their primary duties fall under the executive, administrative and professional (EAP) exemption included in the Fair Labor Standards Act.
Many employment law attorneys predict the Biden administration will raise the salary level threshold but leave the duties test unchanged. OSCPA will be closely monitoring the proposed new rule, expected to be released in October.