New Minimum Salary For Exempt Employees Takes Effect January 1, 2020
September 26, 2019
Originally posted on our Wage and Hour Insights Blog
On Tuesday, the U.S. Department of Labor issued its final rule concerning overtime exemptions. The rule increases the salary threshold for employees exempt under the executive, administrative, and professional exemptions (the “white collar exemptions”) from $455 per week (or $23,660 annually) to $684 per week (or $35,568 annually).
Read more on our Wage and Hour Insights Blog.