The Department of Labor has issued new rules regarding overtime pay that, if implemented, would significantly lift the minimum salary level at which white collar and creative employees are exempt from overtime pay requirements — going from the current $23,660 per year up to a new level of $47,476 per year. The new rule is scheduled for implementation on December 1. But “Republican lawmakers, who are close to many of the industries that oppose the new rule, have vowed to block it during a mandated congressional review period,” the NYT reports. If adopted, the new rules could have broad applicability […]
