DOL Proposes Increasing Minimum Salary for Overtime-Exempt Employees to $35,308

The Department of Labor has proposed an increase in the federal salary-level threshold for white collar exemptions to $35,308 per year from $23,660. If finalized, the new overtime rule could result in the reclassification by employers of more than a million currently exempt workers as nonexempt and an increase in pay for others above the …

DOL Proposes Increasing Minimum Salary for Overtime-Exempt Employees to $35,308 Read More »