Small Business Owners Not Aware of New Federal Overtime Rules, Impact on Payroll
The U.S. Department of Labor is expected to release a new rules affecting overtime eligibility in May that will have a big impact on all businesses. The pending FLSA (Fair Labor Standards Act) update will raise the annual salary floor for overtime-exempt, salaried employees from $23,660 to $48,000 or above (the final figure is expected […]
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