U.S. Department of Labor Issues Final Overtime Rule
On September 24th, the U.S. Department of Labor announced a final rule to make 1.3 million American workers eligible for overtime pay under the Fair Labor Standards Act (FLSA). Here are the highlights: • Final Overtime Rule will increase the salary thresholds from $455/week to $684/week (goes up from $23,660/year to $35,568/year) • Employers may…