The U.S. Department of Labor Proposes New Overtime Eligibility Rule
Federal overtime pay provisions are part of the Fair Labor Standards Act (FLSA). Unless exempt, employees covered by the FLSA must be paid at a time-and-a-half rate for time worked over 40 hours in a work week. Under current law, workers who are salaried, earn at least $35,568 annually ($684 per week), and work in a bona fide executive, administrative, or professional capacity are exempt, meaning they are not entitled to overtime pay. The...
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