Labor Department's Proposal to Raise Salary Threshold Could Hurt Both Employers and Employees, AGC Cautions
Contact Your Legislators and Urge Them to Oppose the Proposed Rule as Written
The Department of Labor has proposed a change to overtime pay requirements that would increase the minimum salary threshold from $23,660 per year to $50,440 per year. Employers that have employees who are currently classified as exempt under the Fair Labor Standards Act and earn an annual salary less than the proposed $50,440 will be impacted.