DOL Proposes Massive Increase in Overtime Pay Threshold
InterWest Insurance Services
SEPTEMBER 12, 2023
Department of Labor has issued its long-awaited proposed changes to the nation’s overtime rules for American workers, proposing to increase the threshold for exempt status by more than 50% to $55,000. What’s changing The exempt salary threshold will be bumped up to $1,059 per week, from the current $684.
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