For many years the salary threshold that determines who is eligible for overtime pay has held steady at $23,660. This summer the Department of Labor (DOL) is expected to announce a 113 percent increase to this threshold, as part of the Fair Labor Standards Act, with incremental annual increases. The change is expected to directly affect the income of more than 5 million Americans, and with it, the bottom line of organizations both large and small.
Littler, a storied employment and labor law practice, has developed the Littler Xmpt Toolkit in an effort to help employers navigate the nuances likely to accompany this dramatic shift in employee compensation.
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