Business Development Committee Meeting

Federal wage law extends overtime pay to millions of workers

Federal wage law extends overtime pay to millions of workers

Effective Dec. 1 federal employment law regarding overtime and wages will change dramatically, more than doubling the salary threshold for exemption from overtime pay for 4 million employees in the U.S. according to the U.S. Department of Labor (DOL). Under the Fair Labor Standards Act, employers are currently required to pay time and a half […]