New Overtime Rule straight from Dr. David Weil of Wage and Hour Division
New Overtime Ruling Right from Dr. David Weil administrator of the Wage and Hour Division Last week we announced the most meaningful update to the nation’s white-collar overtime rules in more than 40 years. By raising the salary threshold under which white-collar salaried workers qualify for overtime pay to $47,476 per year, more than 4.2 million workers will get overtime protections or see a raise in their salary above that threshold. It’s a fix that will make it easier for employers to deter.
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