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FLSA’s New Overtime Rule: How It Impacts Employers and More than 1 Million Employees - America’s SBDC
By ComplyRight – On September 24, 2019, the U.S. Department of Labor (DOL) announced a final rule that will make 1.3 million workers newly eligible for overtime pay. Under the new guidelines, the minimum salary threshold increases to $684/week ($35,568 annually), effective January 1, 2020. With very few exceptions, employers must pay time-and-a-half to workers …