On January 1, 2020 the Department of Labor’s Final Rule on the new salary threshold for white-collar exemptions went into effect. Now, in order to be paid on a salary basis and not be eligible for overtime, a full-time employee must make at least $684 per week which is the equivalent of $35,568 per year. If you make less than $684 per week you cannot be exempted from receiving one and one-half times your regular rate of pay for all hours you work over 40 in a workweek; no matter what your job duties are or your job title. If you have questions about how you are paid by your employer, please contact the Paycheck Warriors at Barkan Meizlish, LLP.
For information on past changes to “white collar’ exemptions, check out some of our archived posts below:
Anticipated Changes to “White Collar” Exemptions
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