DOL White Collar Salary Projections May Rest On Inaccurate Assumptions

An important component of the US Department of Labor's new white collar exemption rule is that the minimum required salary level will be adjusted every three years. However, the DOL's estimate of an additional 2.5 percent increase in the new salary threshold over three adjustments may not be accurate and likely understates its magnitude, write Edgeworth Partners Dr. Stephen Bronars and Dr. Deborah Foster, in this Law360 article.