The U.S. Department of Labor (DOL) issued a new final overtime rule on September 24, 2019 that increases the Fair Labor Standards Act’s (FLSA’s) salary-level threshold for white-collar exemptions from $455 per week ($23,700 annually) to $684 per week ($35,568 annually). This overtime rule goes into effect January 1, 2020 and is estimated to extend overtime protections to an additional 1.3 million workers nationwide who are currently ineligible under federal law.
Read the full article on the COSE Council of Smaller Enterprises website to learn who is covered by the new overtime rule, and what the new overtime rule means to employers.
Mark Turner and Cindy Menta can be reached at [email protected], or by phone at 440-571-7773.
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