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Overtime threshold rising to $35,568 on Jan. 1

Business Management Daily

The white-collar overtime threshold will increase to $35,568 on Jan. million more Americans eligible for overtime pay. The new threshold represents a 50% increase over the current threshold of $23,660, which was established in 2004. 1, 2020, following approval of a final rule the Department of Labor says will make 1.2

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The 2016 #FLSA Overtime Changes: What #HR Needs to Know

HR Bartender

Department of Labor (DOL) about changes to the overtime rule in the Fair Labor Standards Act (FLSA.) 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.

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DOL Issues New Proposal on Overtime Exemptions

AssuredPartners

Under the proposal, the minimum salary level for the “white collar” overtime exemptions would increase from $455 to $679 per week ($35,308 per year). The FLSA contains certain exemptions to the overtime payment requirements. On November 22, 2016, however, a federal court ruled that the 2016 final rule was unenforceable.

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New DOL Overtime Regulations Effective January 1, 2020

AssuredPartners

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 estimates this rule will transfer income from employers to employees in the form of wages by an annualized amount of $298.8 It is estimated that up to 1.3