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New Overtime Rules Raise Pay

Screen Shot 2016-05-23 at 4.18.33 PM

An estimated four million people will benefit from new Labor Department rules that raise the threshold for paid overtime from less than $455 per week to $913 per week. Employers can raise these workers’ salaries to make them exempt from the overtime threshold, pay the mandated time-and-a-half overtime for those who do work more, or simply make sure employees aren’t working overtime, Cale Guthrie Weissman reports.