JOIN NOW | Print Page | Contact Us | Sign In
News & Press: Latest News

New Overtime Laws - Employers and Impact to Compensation

Thursday, May 26, 2016   (0 Comments)
Share |

Source: Society for Human Resource Management

Last week, the U.S. Department of Labor (DOL) released its final rule regarding overtime exemption regulations. The final overtime rule includes an exempt employee threshold of $47,476 - less than the proposed rule's $50,440, but more than double the old threshold of $23,660. The salary threshold will be updated every three (3) years and employers must implement the rule by Dec. 1, 2016.


ASCENT Office

2400 Ardmore Blvd., Suite 302
Pittsburgh, PA 15221
Phone: 412-243-5156
Fax: 412-243-5160

info@askASCENT.org

Privacy Statement