DOL Releases Final Overtime Rules
DOL Final Overtime Rules Effective January 1, 2020 The amounts required to be earned by an employee in order for that employee to be exempt from the FLSA overtime requirements will be $684 per week ($35,568 annually). These final overtime rules are an increase from the current level of $455 per week ($23,660 annually). The […]
Salaried or Hourly with Overtime?
Given the recent Department of Labor announcement of the new minimum required salary, we thought it would be a good idea to review how an employee may be considered salaried or “exempt” from overtime compensation. Minimum Salary Effective December 1, the minimum salary anyone can be paid is $913 per week or $47,476 per year. […]
