On Tuesday, November 22, 2016, a Texas federal court temporarily blocked the U.S. Department of Labor’s new overtime rule nationwide, scheduled to take effect next week on Thursday, December 1.
The new overtime rule (called the Final Rule) would make about 4.2 million workers across the country newly eligible for overtime. The Final Rule increases the salary threshold for exempt employees from $23,660 per year to $47,476 per year, among other changes. Notably, the Final Rule also establishes an automatic updating mechanism that adjusts the threshold every three years.
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