Instant Insights / The insurance industry in 2020

The risks, trends and insights to keep top-of-mind in the new year.

Analysis

What employers need to know about the DOL's new overtime rule

The Department of Labor estimates the change will impact about 1.2 million employees who were previously exempt from overtime.

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Employers are encouraged to assess their workforce now to determine what changes need to be made. (Bigstock/ALM Media archives)

The Department of Labor announced on Sept. 22, 2019, that it will finally be implementing changes to the white-collar overtime exemption contained in the Fair Labor Standards Act (FLSA).

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