Fair Labor Standards Act overtime rule update

Fair Labor Standards Act overtime rule update

By Life@TheU

Fair Labor Standards Act overtime rule update

By Life@TheU
The U.S. Department of Labor has published final rules that update the minimum salary levels needed for positions to be exempt from overtime pay.

On Sept. 24, 2019, the U.S. Department of Labor published final rules that update the minimum salary levels needed for positions to be exempt from overtime pay. Effective Jan. 1, 2020, the Department of Labor rule increases the standard salary threshold from its current level of $23,660 annually ($455 weekly) to $35,568 annually ($684 weekly).  The Department of Labor’s salary level test is one of three tests that determines an employee’s exemption status from overtime pay. 

Human Resources is reviewing jobs that may be impacted and will work with departments to ensure compliance. If you have any questions, please contact HR-Total Rewards, your pay and benefits team, by completing the online form here or calling 305-284-3004.