While the changes are proposed at this point, employers should begin to prepare for their eventual implementation in some form. On June 30, the U.S. Dept. of Labor (DOL) published its long-awaited, proposed changes to the Fair Labor Standards Act (FLSA) overtime regulations.  The proposed amendments are designed to follow President Obama’s directive to “modernize and streamline” the regulations in order to increase the number of individuals entitled to overtime.  (President Obama’s Memorandum to Secretary of Labor Thomas Perez, press release, March 13, 2014.)  While there has been much specul...