Earlier this summer, the Department of Labor updated the Fair Labor Standards Act (FLSA). The regulations regarding overtime pay for white-collar workers were last updated in 2004. The new changes take effect Dec. 1.
If you are a business owner, it is fairly likely this will affect your business, so please make sure you familiarize yourself with the changes and work with someone to determine a strategy, as appropriate.
The FLSA requires certain employees that do not fall under an exemption to be paid overtime if they work more than 40 hours a week. The change taking place in December is in the dollar threshold for which exempt employees can be excluded from overtime pay requirements.
Some of the professions and positions that can be exempt from the overtime pay rules are:
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