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Big change in overtime pay coming soon — are you prepared?

from By Paul Zukowski

From May 4: It has been decades in the making and may affect up to 5 million workers across the U.S. "It" is the proposed rule change on who is eligible for overtime pay, due to be issued in June by the Department of Labor. The new rule is expected to raise the salary exemption from $23,660 per year to $50,440 per year. If you haven't figured out how your business will be affected, time is running out. You can start planning now for the new overtime rules. more

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