New Overtime Rules Expand Coverage to Millions

New Overtime Rules Expand Coverage to Millions | Bart Eagle

{5:15 minutes to read} The Federal Labor Standards Act (FLSA) and New York Labor Law each provide sections entitling employees who make less than a certain threshold income to overtime pay—meaning for any hours they work in excess of 40 hours per week. The federal law, which becomes effective December 1, 2016, raises the cut-off from $23,660 to $47,476 per year for most salaried workers. This means that more workers would be entitled to overtime if they work more than 40 hours per week. There are certain exemptions, generally, for people who are employed in a bona fide executive, administrative, or professional capacity. However, these exemptions are narrowly construed.

Click here to read Bart Eagle's full article...