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New Federal Overtime Rules: Understanding the Change and Successful Compliance

    • OvertimeRulescover On May 18, 2016, the United States Department of Labor (DOL) announced new federal rules governing overtime. The new regulations will have a significant impact on the number of individuals receiving overtime pay. Going into effect on December 1, 2016, the changes set forth will extend overtime pay protections to an additional four million American workers,almost 200,000 of whom reside in Illinois1.

      These changes affect the overtime rules in four particular areas:

      • Salary threshold;
      • Automatic updates;
      • Bonuses/incentives/commissions; and
      • The "duties test."

      The impact of the new rule on the health care industry is expected to be substantial, and ISMS has developed this Issue Brief to help physicians prepare their practices.

       

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