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The New FCPA Cooperation Plan

By E. Fredrick Preis, Jr. and Rachael Jeanfreau
October 18, 2016

The United States Department of Labor (DOL) recently issued its final overtime rule revamping the white collar exemptions under the Fair Labor Standards Act for executive, administrative, professional, and highly compensated employees. This Final Rule, effective Dec. 1, 2016, rolls out major changes for employers, and the DOL estimates that 4.2 million workers will either become eligible for overtime or bring home bigger salaries. As Yogi Berra observed, “The future ain't what it used to be.”

This article discusses the Rule's highlights and provides compliance tips for employers to “knock this one out of the park,” with Yogi-isms to which we can all relate.

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