New Overtime Changes – What Employers Should Do Now?
Are you prepared for the new overtime rule regarding exempt employees? Do you know your options?
The U.S. Department of Labor recently decided to more than double the minimum weekly salary threshold under which salaried workers are eligible for overtime pay when they work more than 40 hours in a week. The change will take effect on December 1, of this year. That threshold will rise to $913 per week, or about $47,500 annually. The current threshold is $455 per week, or about $24,000 per year. To help you stay compliant, we are providing this free webinar for your review. Also, please fell free to contact us for assistance with your overtime compliance needs.