The new overtime rules are happening. The Final Rule is out and becomes effective December 1, 2016. There is plenty of evidence that the Department of Labor (DOL) listened to its more than 300,000 comments on the proposed legislation. The Department is required to provide employers with at least 60 days to comply. It provided six months and the clock is ticking. The new minimum salary is $913 a week, $47,476 annually. It is still more than twice the current minimum salary which was set in 2004, yet less than the proposed rule. The DOL established a 40th percentile of […]