Answer / Mithlesh

The Department determines the total annual compensation requirement for HCEs by considering all compensation components, including salary, bonuses, incentive payments, and commissions. The specific methodology can vary and is usually outlined in the relevant regulation.

Does the Final Rule change how employers may use bonuses to satisfy the salary level for highly compensated employees (HCEs)?

1 Answers   United States Department of Labor,

---

Why is the Department setting the standard salary level at the 40th percentile of weekly earnings for full-time salaried workers in the lowest wage Census Region and not on national data as proposed?

1 Answers   United States Department of Labor,

---

What are the significant changes to the overtime regulations for white collar salaried workers?

1 Answers   United States Department of Labor,

---

How will employers implement the updated salary level requirement established in this Final Rule?

1 Answers   United States Department of Labor,

---

Explain "overtime"?

1 Answers   United States Department of Labor,

---

When will effect the changes from?

1 Answers   United States Department of Labor,

---

How often will the Department update the standard salary level and HCE total annual compensation requirements?

1 Answers   United States Department of Labor,

---

What are the new salary and compensation levels under this Final Rule?

1 Answers   United States Department of Labor,

---

Is the Department making any adjustments to the standard duties tests?

1 Answers   United States Department of Labor,

---

How many white collar workers will become overtime-eligible as a result of this Final Rule?

1 Answers   United States Department of Labor,

---

Who is covered by the FLSA? Are employees of small businesses covered?

1 Answers   United States Department of Labor,

---

What options are available to recipients of Federal financial assistance to respond to the U.S. Department of Labor’s final rule on overtime effective December 1, 2016?

1 Answers   United States Department of Labor,

---