The Department of Labor has approved changes to the Fair Labor Standards Act (FLSA) which will be implemented December 1, 2016. Many of the Research Foundation’s employees as well as our grant-funded projects will be impacted by these new regulations, which increase the minimum annual salary for exempt employees from $23,660 ($455 per week) to $47,476 ($913 per week). This includes employees in a part-time position with job responsibilities that qualify them as an exempt employee because the new regulations do not allow us to prorate the $913 per week minimum salary to a full time equivalent.
