exceeded its authority by raising the salary cap below which all workers must receive overtime pay from $455 a week to $921 a week or $47,892 a year. The FLSA didn’t include a salary cap but it does have a broad exemption for administrative and executive employees, regardless of how much they earn. His order also strongly suggests the FLSA doesn’t give Labor the authority to impose a salary cap at all. But the appeals also court might seize upon the contradiction in Mazzant’s reasoning, Hathaway said. “The answer for employers is: We don’t know what’s going to happen with the Fifth Circuit,” Bloom said.
Source: Forbes November 23, 2016 16:51 UTC