Upcoming Change to Payroll Rule Increases Pay Threshold for Overtime
In 2016, the Obama administration proposed a change to the threshold for requiring overtime pay. It was met with fierce opposition form most states and later shelved. Now a new rule is set to go into effect in 2020 boosting the minimum pay threshold to require overtime from $23,660 to $35,568. This is a more moderate change compared to the 2016 proposal of over $47,000.
For the WSJ article Click here https://www.wsj.com/articles/more-workers-to-qualify-for-overtime-pay-11569330000
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