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What you need to know about the Department of Labor overtime rule changes taking effect Dec. 1

To abide by this rule employers have four options, according to the DOL:

• Pay time-and-a-half to employees for working overtime.

• Raise the employee’s salary from it’s current pay to $47,476 or higher.

• Limit an employee’s hours to 40 hours per week by adjusting schedules, spreading out work hours or reorganizing workloads.

• Implement a combination of the above.

Check out these links:

https://www.dol.gov/whd/overtime/final2016/faq.htm

http://www.insidecounsel.com/2016/08/31/deep-impact-new-overtime-rules-will-change-work-no

http://lancasteronline.com/business/local_business/column-what-your-business-needs-to-know-about-the-new/article_ce0b379a-6eb2-11e6-9c95-2f5749d30248.html

 

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