What Is The New FLSA Overtime Rule?
What Is The New FLSA Overtime Rule?
- The rule extends overtime protections to 4.2 million workers who are not currently eligible under federal law.
- Workers who do not earn at least $47,476 a year ($913 a week) will have to be paid overtime, even if they're classified as a manager or professional.
- The Department of Labor will increase the salary threshold every three years. Based on current projections, the salary threshold is expected to rise to more than $51,000 with its first update on January 1, 2020.
- Employers must comply with the new regulations by December 1, 2016 (NOTE: This has been delayed as a federal judge reviews the rule).
- Full Coverage: Overtime Rule Issued; Increase Every Three Years Included
- Read the full text of the FLSA overtime rule.
Posted: November 29, 2016, 10:44 AM
