Last Friday, the White House wrapped up its review of the U.S. Department of Labor’s (DOL) final overtime rule. Therefore, the regulation is expected to be released soon. The proposed change would extend overtime eligibility to 1.1 million additional workers, but that’s significantly fewer than the 4.2 million who would have become eligible under an Obama-era version of the rule blocked by a Texas judge in late 2016.
The rule would set the salary ceiling under which virtually all workers must be paid time-and-a-half whenever their workweek exceeds 40 hours at $35,308 (up from the current $23,660), according to analysis by Pittsburgh-based Cowden Associates. 9/18/2019