A U.S. Department of Labor final rule increases the salary thresholds used to determine whether executive, administrative, and professional employees are exempt from overtime pay under federal law. While the increased thresholds are likely to result in a significant number of employees who were previously exempt now qualifying for overtime pay, employers also need to consider how the increased thresholds may indirectly affect their benefit offerings. This Compliance Bulletin explains further.

How the DOLs New Overtime Rule Could Impact Employee Benefits