Fair Labor Standards Act: Minimum Wage and Overtime Compliance
U.S. Department of Labor Finalizes New Overtime Rules
The nonprofit sector—including many Oklahoma museums and almost ALL their employees —will be affected by the Fair Labor Standards Act and its new overtime rules. Under the new rules—which will go into effect on December 1, 2016—a full-time, salaried employee earning less than $47,476 per year could now be eligible to receive overtime pay. The Department of Labor estimates that 4.2 million workers will be affected by this change. Oklahoma museums should plan now on how to be in compliance with the new overtime rules.
Although there are many articles and resources available on the topic, the Oklahoma Museums Association believes the following list of resources are most beneficial to Oklahoma museums.
- The Department of Labor - Wage and Hour Division Fair Labor Standards Act. This important resources contains an abundance of information which will help museums understand both FLSA continuing rules and new rules.
- The Oklahoma Center for Nonprofits White Paper on The Fair Labor Standards Act: Minimum Wage and Overtime Compliance
- The Department of Labor has issued Guidance for Non-Profit Organizations on Paying Overtime under the Fair Labor Standards Act
- The National Council of Nonprofits has prepared a summary of the impact on nonprofits
For more information on the topic, please contact
Community Outreach & Resource Planning Specialist
US Department of Labor Wage & Hour Division
215 Dean A McGee Ave, Room 318
Oklahoma City, OK 73102
Also, as reported in a recent American Alliance of Museums magazine article, the U.S. Department of Labor (DOL) has spent the past year reviewing federal rules for when an employee is eligible for overtime compensation, and new guidelines have now been finalized.