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The new threshold represents a 50% increase over the current threshold of $23,660, which was established in 2004. Compliance guide for small employers: www.dol.gov/whd/overtime2019/overtime_complianceguide.pdf. The white-collar overtime threshold will increase to $35,568 on Jan. million more Americans eligible for overtime pay.
On September 24, 2019, the DOL released the highly-anticipated final rule increasing the minimum salary level for “white-collar” and highly-compensated exempt employees for the first time since 2004. This must include a weekly salary of at least $684 that does not include nondiscretionary bonuses, incentive pay and/or commissions.
Allows employers to use nondiscretionary bonuses and incentive payments that are paid annually to satisfy up to 10% of the standard salary level. Employers can now use nondiscretionary bonuses and incentive payments, including commissions, that are paid annually to satisfy up to 10% of the standard salary level.
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