May 17, 2016 | By NACE Staff
The U.S. Department of Labor (DOL) is expected to release a new rule around overtime pay this week.
Under the rule proposed by the DOL last summer, management, administrative, and professional employees earning less than $47,000 would be eligible for overtime pay when they work more than 40 hours a week. That’s lower than the $50,400 salary threshold DOL originally proposed, but still double the current threshold of $23,660.
For more information about the rule, see https://www.dol.gov/whd/overtime/NPRM2015/