New Threshold for Exempt Employees
To be exempt from overtime under the Fair Labor Standards Act’s (FLSA’s) white-collar exemptions, employees must be paid a salary of at least the threshold amount and meet certain duties tests. … The new rule will raise the salary threshold to $684 a week ($35,568 annualized) from $455 a week ($23,660 annualized).For the full article from SHRM, click here.
– For the article released by the Department of Labor (DOL), click here.
– For the artilce released by the US Small Business Association (SMA), click here.