Budgeting for 2017: Keep in Mind the Overtime Rule Change
Earlier this year, the Department of Labor revised the minimum salary for most exempt employees. Employees exempt under the “executive,” “administrative,” or “professional” (white collar) exemptions must make a minimum salary of $47,476 or $913 per week (increased from the current minimum salary of $23,660 or $455 per week). Those employees exempt under the “highly … Read more