DOL Finally Proposes New Overtime Salary to $55,068 – What Do Employers Need to Do Mitigate All the Changes and Still Comply
August 30, 2023-Employers may need to adjust their pay practices now that the Labor Department has issued its long-anticipated proposal to raise the salary threshold for exempt employees – a change that could make more of your employees eligible for overtime premiums. The U.S. Department of Labor (DOL) announced today that it intends to significantly …