Attorney Bryan Jacoutot discusses the government’s progress in extending overtime pay to up to 5 million more Americans by lifting the minimum salary amount for exempt status. While the official proposal is still unknown, observers expect the new threshold to be $970 per week, or $50,440 per year, up from $455 per week/$23,660 per year. Contingent workforce programs that engage agency contingents on an exempt basis should be on the lookout for the final rules. Read more in Staffing Industry Review.
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