Labor Department Issues Final Overtime Rule

On Sept. 24, the U.S. Department of Labor announced its Overtime Final Rule that adjusts the salary level test, part of a three-part test for determining when white-collar workers are exempt or must be paid overtime for working more than 40 hours in a week. The new rule raises the salary threshold for the white-collar exemption from overtime pay to $684 per week ($35,568 per year), up from the current level of $455/week ($23,660 per year). It also raises the salary threshold for highly compensated employees who are exempt from FLSA overtime pay requirements from $100,000 per year to $107,432 per year and allows employers to satisfy up to 10 percent of the standard salary level by using nondiscretionary bonuses and incentive payments.

The Final Rule goes into effect on January 1, 2020.

https://www.dol.gov/whd/overtime2019/

Post date: October 8, 2019
Topics: National News

Signup for the Nonprofit Notes newsletter

Stay up to date on nonprofit news, funding deadlines, job opportunities, and more with the Nonprofit Notes newsletter.

SubscribeArchive

Go to top