Proposal to raise overtime threshold coming this fall.

PositionIn The News...

The current overtime salary threshold for white-collar employees is $35,568 per year, meaning workers earning less than that amount have to be paid overtime when working more than 40 hours in a week. The Biden administration announced that it will propose an increase to those Fair Labor Standards Act exemptions in October. How high could the new threshold go? Consensus says the DOL...

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