Department of Labor Proposes Increased Salary Level to Qualify for Fair Labor Standards Act Executive, Administrative and Professional Exemption

On March 7, 2019, the Department of Labor announced a proposed rule that would increase the salary level for the Executive, Administrative and Professional exemption from $455 per week, or $23,660 per year, to $679 per week or $35,308 per year. The proposed rule would also increase the salary level for “highly compensated employees” from $100,000 to $147,414 per year.