Indiana Lawyer article published August 26, 2015
Employment attorneys and their clients large and small are scrambling to find ways to deal with a likely change in federal regulation that could more than double the earnings threshold for workers classified as exempt from overtime.
“It’s creating a lot of discussion. There’s a lot of buzz about it,” Bose McKinney & Evans LLP attorney Jeff Halbert said of the proposed Department of Labor regulation drafted at the behest of President Barack Obama. The proposal, announced in Obama’s State of the Union address in January, would raise the current threshold for overtime-exempt workers from a weekly salary of $455 to a proposed level of about $970.
Read the full Indiana Lawyer article.