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News & Press: Industry Advice & Tips

Overtime Exemption Cost Estimator

Monday, December 14, 2015  
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On July 6, 2015, the U.S. Department of Labor proposed to increase the minimum salary required to classify an employee as "exempt" from the Fair Labor Standards Act (FLSA) overtime requirements from the current $455 per week ($23,660 annually) to $970 per week ($50,440 annually).  If these proposed changes take effect, every employee paid less than $970 per week will be automatically entitled to overtime pay.

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