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Department of Labor (DOL) published its proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). The overtime rule changes are significant and fall into two categories: salary basis and primary duties test. On July 6, 2015, the U.S. Today we’re going to cover the salary basis part of the proposal.
The overtime rules went into effect on January 1, 2020. Under the new proposal, people earning a salary level of $679 for 40 hours per week (about $35,308 annually), will be eligible for overtime pay based on varied duties. This threshold has been raised from the previous limit of $455 per week of 40 hours, which was set in 2004.
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