Remember all the fuss around the rise of salary thresholds for white-collar exemptions? The fuss may have been for not. The current Labor Secretary is pointing to a lower salary threshold.
Background: In order, not to pay an employees overtime, the employee must be paid a minimum salary threshold and perform exempt job duties. The previous Department of Labor [DOL] Secretary proposed to increase the white-collar salary threshold requirement to $47,000.
A new Fifth Circuit Appeal Court has agreed to stay its decision challenging increase of the salary threshold. Read the article on Bloomberg BNA: https://www.bna.com/labor-department-continue-n73014471445/