The proposed rule would boost standard salary level to $35,308 per year.
The U.S. Department of Labor (DOL) yesterday announced a Notice of Proposed Rulemaking (NPRM) that would make more than a million more American workers eligible for overtime. Under currently enforced law, employees with a salary below $455 per week ($23,660 annually) must be paid overtime if they work more than 40 hours per week. Workers making at least this salary level may be eligible for overtime based on their job duties. This salary level was set in 2004.
The new proposal would update the salary threshold using current
Subscribers need to be logged in to see this part of the content. Please Login to access. Or, if you haven't previously subscribed, click here for information on our satisfaction guaranteed subscription options.
Leave a Reply
You must be logged in to post a comment.