Michigan Labor & Employment Law Blog
The law of unintended consequences by the do-gooders in Washington may seriously harm the very employees they wanted to help by changing an 80-year Federal Labor Law system for overtime hours and compensation.
The old salary threshold rules exempted employees with annual earnings of $23,660; if you earn that much annually, an employer does not have to pay you overtime. Now, the proposed changes jump that amount to $50,440 annually. Additionally, annual automatic increases to the $50,440 number are scheduled to take place in the future.