A separate overtime exemption applies to certain highly compensated employees. For these employees, DOL’s rule will increase the minimum salary threshold to $132,964 on July 1, and to $151,164 on Jan.
The embattled aerospace and defense contractor tapped the pair for an assembly building and hangar in St. Louis.
Peter Gasparini and Chris Mills will join as executive vice presidents of national operations and business development, respectively.
The FTC said the rule, expected to take effect as soon as late August, received overwhelming public support during a comment period.
The largest transportation infrastructure project in Virginia history is progressing albeit 18 months behind schedule.
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