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Time for Employers to Plan for $35,000 Overtime Threshold

March 8, 2019

Via: HR Hero
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Now that the U.S. Department of Labor (DOL) has made known its plan for a new threshold for overtime eligibility, it’s time for employers to prepare for a $35,308 a year level, attorneys who have been following developments say.

The DOL announced a Notice of Proposed Rulemaking on March 7, ending speculation about the level that has raged since a previous rule change was rejected by a court in 2016. Under the new proposal, employees would have to earn at least $679 a week ($35,308 a year) in order to be exempt from overtime pay for any hours worked over 40 in a workweek. That’s up from the current $455 a week ($23,660 a year).

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