Tag: overtime exemptions
DOL Finalizes New Rule for Overtime Exemptions
The U.S. Department of Labor (DOL) announced a final rule that significantly raises the salary threshold for overtime exemptions. This move marks the peak of efforts that began with a proposal in September, which faced resistance from certain Republican representatives and various business sectors.
Is Overtime Pay for Exempt Employees Really Becoming Law?
Well, not actual overtime pay for exempt employees. But, it will feel that way when your overtime exempt workers hear this: “You may be getting a pay raise if you make less than $50,440 a year (before taxes)!” Wait, what? About 15 million salaried overtime exempt employees who have earned about…
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