859.255.6676  mgm@kentuckylaw.com

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Attorneys » Thomas C. Marks

Thomas C. Marks

Thomas C. Marks joined the firm in 1981 after graduating from the University of Kentucky College of Law, where he graduated with High Distinction and was elected to the Order of the Coif. Tom practices real estate, probate, equine and corporate law.

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Federal Employment Update:

FEDERAL WAGE-AND-HOUR RULES CHANGES – An important change in the federal wage-and-hour rules becomes effective on December 1, 2016. The new rule recently promulgated by the Department of Labor will increase the salary level from $455 per week ($23,660 annually) to $913 per week (or $47,476 annually). Additional changes were made to the salary rules applicable to the “highly compensated employee” exemption, and the rule provides for automatic updates to the salary and compensation levels every three years. No changes have been made to the “duties test.”  Read more.

October 4, 2016 Filed Under:   Litigation   Transactional Law   Employment Law

Federal Update

FEDERAL WAGE-AND-HOUR RULES CHANGES – An important change in the federal wage-and-hour rules becomes effective on December 1, 2016. The new rule recently promulgated by the Department of Labor will increase the salary level from $455 per week ($23,660 annually) to $913 per week (or $47,476 annually). Additional changes were made to the salary rules applicable to the “highly compensated employee” exemption, and the rule provides for automatic updates to the salary and compensation levels every three years. No changes have been made to the “duties test.” Read More

September 28, 2016 Filed Under:   Litigation   Transactional Law   Employment Law