How to Cope with the New Overtime Rule—Even If You Think It's Misguided

How to Cope with the New Overtime Rule—Even If You Think It's Misguided

By year's end, employers will be required to pay overtime to many employees previously defined as exempt.

As of December 1, 2016, the minimum salary threshold for employees to qualify for overtime pay under federal law increases to $913 per week, or $47,476 annually, doubling the current limit of $455 per week, or $23,660 per year.

This means that employers will need to pay overtime to many employees previously defined as exempt—an additional 4.2 million workers nationwide.

Opponents believe the new rule goes too far and fails to account for the complexities of the curre

Register to view the full article

Sign up for a FREE membership to MHLNews.com and receive access to this article along with exclusive material handling & logistics reports and other content.

TAGS: MHL Magazine
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish