New Overtime Regulations Effective December 1, 2016
Last week, the Labor Department finalized a new rule that’s expected to make an additional 4.2 million salaried workers eligible for overtime pay. The rule raises the salary threshold at which white-collar workers are exempt from overtime pay from $23,660 to $47,476. Workers have to perform very specific duties to meet the overtime exemption. For example, performing “executive” duties means supervising the work of two or more employees and “administrative” duties requires the exercise of discretion and independent judgment, among other criteria […]
