While a federal overtime rule that was slated to take effect in late 2016 was put on hold, the Department of Labor (DOL) is expected to revisit the issue in the future, says David Gobeo, an employment attorney with Ford & Harrison LLP.
Gobeo told a breakout session at the CUNA HR & Organizational Development Council Conference in Fort Lauderdale, Fla., that he expects the DOL to revisit the minimum salary for exempt employees.
Gobeo encourages credit unions to reduce the risk of a wage lawsuit by taking these six steps:
“None of these things can prevent you from being sued though,” Gobeo cautions.
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