The U.S. Department of Labor (DOL) announced on September 24, 2019, that it will publish a final overtime rule, setting the minimum salary threshold for overtime eligibility at $35,568 or $684 per week. This is an increase from the current amount of $455 per week.
The change will make an estimated 1.3 million, additional U.S. workers eligible for overtime pay. The final rule becomes effective January 1, 2020 …
HRWS Brokers & Clients can view the entire Compliance Alert (and relevant research) in the myHRWS Portal’s ‘Latest News’ section.
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Be advised that the information contained in this article is intended for educational purposes and to provide a general understanding of the law, not to provide specific legal advice.