After years of debate, the Department of Labor (DOL) issued a final rule on September 24 that increased the salary threshold for an "exempt" employee under the Fair Labor Standards Act (FLSA) to $684 a week ($35,568 annually) from $455 a week effective January 1, 2020. As a reminder, unless exempt, employees covered by the FLSA must receive at least time and one-half their regular pay rate for all hours worked over 40 in a…
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