On Wednesday, May 18, 2016, the Department of Labor (DOL) released the final rule on increasing the salary threshold for white-collar exemptions to the federal overtime pay requirements under the Fair Labor Standards Act (FLSA).
Effective December 1, 2016, the new salary threshold will increase to $913 per week from $455 ($47,476 annually from $23,660) and will be updated every three years starting in 2020. With the new threshold amount finalized, UNM is moving forward in determining the proper exemption status for employees seated at or around the threshold, or in a salary grade in line with the threshold. This means that some employees currently classified as exempt and paid on a monthly, salaried basis will become nonexempt. This change will in no way reflect adversely on the value of an employee’s work or importance of their contributions to UNM. The change is merely to comply with the Department of Labor regulations, as it provides wage and hour protection afforded by the legislation.
Employees determined to be affected by this rule change will be directly notified in October, via a memo from Human Resources, of the changes taking effect in November 2016.
This site contains information that applies to staff employees. For information regarding Research Faculty or Postdoctoral Fellows, see the Office of the Vice President for Research page.