Labor Secretary to Review Overtime Rule
Labor Department Secretary Alexander Acosta testified at a recent Congressional hearing that he plans to review the overtime rule involving exempt salaried employees.
The Obama Administration sought to increase the minimum salary required for overtime-exempt employees to $47,476 annually for full-time employees from $23,660. However, a federal judge in November 2016 issued a nationwide injunction against the DOL’s regulation expanding the number of workers who would be eligible for overtime pay.
06-20-2017