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How to Prepare for the New White Collar Overtime Requirements

Insperity

Big changes could be coming to business payrolls across the country. The DOL has always maintained that employees who work overtime should be paid for their extra hours. 1 2016, the minimum salary increases to $913 per week or $47,476 annually. 1 2016, the minimum salary increases to $913 per week or $47,476 annually.

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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 next stage of the project includes revisions to the special salary levels for employees in U.S. Revising the special salary levels for workers in U.S.