The Fair Labor Standards Act (FLSA) requires covered employers to keep records for all employees, and requires particularly detailed records for employees who are classified as “non-exempt” and therefore entitled to overtime pay. By doubling the dollar threshold for exempting salaried employees from overtime, the Department of Labor’s (DOL) controversial revisions to its “white collar” overtime regulations, which go into effect on December 1, 2016, will substantially increase the number of workers who will soon qualify as non-exempt.
Although the new overtime rule does not change existing FLSA recordkeeping requirements, it may require an employer to revisit its recordkeeping policies; at a minimum, employers with newly reclassified employees will need to train these employees and their managers on FLSA recordkeeping obligations.
In light of these developments, NT Lakis attorneys created a refresher on FLSA recordkeeping requirements.
Members of the Equal Employment Advisory Council (EEAC) can read more here.