FLSA – On December 1st the federal annual salary threshold for employees exempt form overtime pay will double increasing from $47476 from $23660. Employees who make less than the threshold must be paid time-and-a-half for any hours worked beyond the 40-hour workweek. Many employers will not be able to increase salaried employees’ pay to the new higher amount so those employees will become exempt.
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Management 19
March 18th, 2019 admin