Insights from Boardman Clark's Banking Group.
For the last three years we have been writing about the new overtime rule under the Fair Labor Standards Act (FLSA). The overtime rule has been revised and now reissued by the Department of Labor (DOL) under the Trump Administration. The “final” rule has been issued and will go into effect on January 1, 2020.
As most bankers are aware, back in 2016 the Department of Labor (“DOL”) issued changes to the rules interpreting the Fair Labor Standards Act overtime exemptions. On March 7, 2019, the DOL released the proposed rule to modernize the overtime exemption standards.
Recently, some banks have received demand letters from lawyers claiming that they have discriminated against customers (or potential customers) with disabilities by failing to provide websites or mobile applications that are accessible to individuals with disabilities