The U.S. Department of Labor Proposes an Increase to Salary Threshold for Overtime Eligibility
The U.S. Department of Labor (DOL) has proposed a new rule that would increase the salary threshold for overtime eligibility under the Fair Labor Standards Act (FLSA), currently $35,568/year ($684/week) to $55,068 per year ($1,059/week). According to the DOL, the department’s proposed salary level would mean that millions of salaried workers who do not currently […]