The U.S. Department of Labor on May 18 announced new overtime regulations outlining which employees are entitled to time-and-half overtime pay under the Fair Labor Standards Act. The final rule, effective Dec. 1, 2016, bumps the standard salary threshold at which executive, administrative, and professional workers are entitled to overtime pay from $23,660 to $47,476 per year.
The change to the rule means that millions of workers — including single mom Elizabeth Paredes, who was previously locked out of overtime at her job as the assistant manager of a sandwich shop – will either gain overtime protections or receive … Read more