“Final Rule” increases minimum salary required for many overtime exemptions to $47,476 annually

On December 1st of this year, more than an estimated four million workers that were once exempt from overtime pay will become eligible to receive overtime.  See Final Rule: Overtime, U.S. Dept. of Labor Wage & Hour Division, (Dept of Labor Link) (last viewed 8/2/16). This extension of overtime pay will be a result of […]