Important News Update
DOL Exemption Rules to Take Effect December 1, 2016
Making good on a 2014 directive from President Obama “to modernize and streamline” existing overtime regulations, the Department of Labor (DOL) today published its highly anticipated Final Rule Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees. As expected, the Final Rule (which becomes effective December 1, 2016 ) more than doubles the current $455 weekly minimum salary required for employees to qualify for “white collar” exemptions to the minimum wage and overtime requirements under the Fair Labor Standards Act (FLSA). The DOL expects its new Final Rule to extend minimum wage and overtime protections to more than 4.2 million Americans and increase employee wages by $12 billion over the next 10 years. Read the full article
Save the Date
August 13, 2016, 5:00pm
2nd Annual Luau & Manufacturer of the Year Celebration
Last July, CFMA hosted its first annual Luau and Member of the Year Award event. Arcadia was the Manufacturer of the Year and over 60 of their colleagues came out to show their support for Arcadia's industry leadership and community giving.
Join us at the American Legion Newport Beach at 5:00pm to celebrate our 2016 Manufacturer of the Year.