UPDATE ON CHANGES TO OVERTIME REQUIREMENTS UNDER FAIR LABOR STANDARDS ACT
The Fair Labor Standards Act (commonly referred to as the FLSA) applies to most employers throughout our country and, indirectly, their employees. The FLSA sets the floor or minimum wage that must be paid to employees and dictates when employers are required to pay overtime to their employees. An exception to such overtime requirement has long existed for administrative employees paid a set salary in excess of $23,600.00 per year. In 2016, the Department of Labor announced changes to the minimum salary level, which changes would have raised the threshold to $47,476.00 per year. Shortly before the changes were to … Continue reading → The post UPDATE ON CHANGES TO OVERTIME REQUIREMENTS UNDER FAIR LABOR STANDARDS ACT appeared first on Black Slaughter Black.
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