Archive for Posts Tagged ‘rate of pay safe harbor’

Affordability Safe Harbors May Not Be As Safe with New Overtime Exemption Rules
Jul

7

2016

Affordability Safe Harbors May Not Be As Safe with New Overtime Exemption Rules

By Carol Taylor Director of Compliance and Health Plan Collaborative, D & S Agency, A UBA Partner Firm The new Department of Labor (DOL) overtime exemption rules increase the salary threshold from $23,660 a year to $47,476 annually, beginning December 1, 2016. This means that employees earning less than the threshold can no longer be considered salaried and exempt from overtime pay. While the DOL…

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