Chamber Submits Comment on New USDOL Overtime Exemption Rule
We wrote in October about the U.S. Department of Labor (USDOL) proposing a new overtime rule that would raise the salary threshold for exempt workers under the Fair Labor Standards Act. The new proposed threshold is $1,059 per week, or approximately $55,000 annually. The current threshold is $684 per week, or $35,568 annually. The USDOL also proposed automatic increases every [...]