​New overtime rules: 1 good outcome and 7 bad ones

By November 3, 2016Uncategorized
This post was originally published on this site

Do you have employees who are on salary? Do those employees ever work more than 40 hours in a week, for whatever reason? If the answer is yes to these questions, your world is about to get more complicated and probably more expensive.

Please stay with me. I need to get into the weeds, but just for a minute.

The current Department of Labor (DOL) overtime exemption threshold for “white-collar” employees is anyone with a salary of at least $23,666 annually, or $455 per week. Exempt means the employer…