Fair Labor Standards Act (FLSA) Overtime Regulations: Nonprofit Sector
New overtime regulations under the Fair Labor Standards Act (FLSA) take effect on December 1, 2016. Under these regulations, employees making less than $47,476 per year ($913 per week) will be eligible for overtime compensation. Previously, the minimum salary was $23,660 ($455 per week). The new FLSA regulation does not provide an exemption from the overtime requirements for nonprofit organizations.
Will my nonprofit organization be affected by the FLSA overtime regulation?
There are two ways a nonprofit organization may be subject to the new FLSA regulation: