AssuredPartners
MARCH 27, 2019
{"ops":[{"insert":"On March 7, 2019, the Department of Labor (DOL) issued a "},{"attributes":{"color":"#28724f","link":"[link] rule"},{"insert":" that would change the salary thresholds for certain exempt employees. In addition, the 2016 final rule would have further increased those amounts through automatic adjustments every three years.
Business Management Daily
SEPTEMBER 24, 2019
The new threshold represents a 50% increase over the current threshold of $23,660, which was established in 2004. A DOL statement said an additional 101,800 workers should be entitled to overtime pay as a result of the increase to the highly compensated employees salary level. million more Americans eligible for overtime pay.
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HR Bartender
MAY 22, 2016
Last summer, I spoke with Jonathan Segal , a partner with the law firm Duane Morris LLP regarding the proposed overtime rule changes to the minimum weekly salary requirement and the primary duty test. In the final rule, the DOL made the weekly minimum salary ‘only’ $913. And he very graciously said yes.
AssuredPartners
SEPTEMBER 30, 2019
The DOL believes that this update will help maintain the original purpose of the salary level test and will help employers more readily identify exempt employees. The DOL believes that this update will help maintain the original purpose of the salary level test and will help employers more readily identify exempt employees.
HR Digest
JANUARY 2, 2020
Under the new proposal, people earning a salary level of $679 for 40 hours per week (about $35,308 annually), will be eligible for overtime pay based on varied duties. This threshold has been raised from the previous limit of $455 per week of 40 hours, which was set in 2004. The overtime rules went into effect on January 1, 2020.
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