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SME CPA BLOG

Changes to the New Overtime Rule.

December 6, 2019

There are Changes to the New Overtime Rule. On September 24, 2019, the Department of Labor announced the new overtime rule which goes into effect January 1, 2020. This will be the first time in 15 years that the salary cutoff has been increased and we can probably expect more in the future. Currently, the…

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FLSA Overtime Rule Changes

September 21, 2016

In early 2016, the Department of Labor announced an update to overtime regulations that will make some currently exempt employees eligible for overtime pay later this year. The new Fair Labor Standards Act overtime rules state: Workers who do not earn at least $47,476 a year ($913 a week) will have to be paid overtime,…

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