Courtesy of CAA affiliate, Placer Insurance Agency:
A FEDERAL JUDGE in Texas late last month issued an order temporarily blocking the Department of Labor’s new white-collar overtime rules from taking effect on Dec. 1.
The preliminary injunction blocked the implementation of rules requiring employers to pay overtime to white collar workers who make less than a new threshold of $47,476. So for now, the current $23,660 annual salary threshold remains.
If you, like many employers, have already made salary decisions or implemented overtime restrictions to comply with the regulations, what do you do now? Placer Insurance explains here.
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