The Department of Labor is expected to issue its long-awaited Final Rule regarding the white collar exemptions on Wednesday, at an event in Ohio attended by Vice President Biden and Secretary Perez, Politico reports. It is expected the Final Rule will increase the salary level requirement for white collar exemptions to approximately $47,000, and provide for automatic annual increases to that salary level. Earlier reports predicted the Rule would be issued last week, but no action was taken. Jackson Lewis will provide a webinar regarding the Final Rule after its release. Watch this space for details.
