New OT rules propose $35,308 salary threshold.
| Position | In the News... |
After two years of speculation, false starts and hand-wringing, the U.S. Department of Labor has finally published its much-anticipated overhaul of the nation's overtime rules. Released March 7, the new proposed rules are meant to replace Obama-era rules that never went into effect.
The big news: The DOL proposes raising the minimum overtime salary threshold to $35,308 per year, a 50% increase over the current $23,660.
If the new rules are enacted, exempt administrative, executive and...
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