As of January 1, 2020, the U.S. Department of Labor’s (“DOL”) new final rule becomes effective. The new rule makes an additional 1.3 million American workers eligible for overtime pay under the Fair Labor Standards Act (“FLSA”). The rules allow workers to make more money in a salary and still be eligible for overtime. Specifically, the new rule:
– raises the “standard salary level” from the currently enforced level of $455 to $684 per week (equivalent to $35,568 per year for a full-year worker). This means a salary of $35,568 or less per year will not be a bar to overtime.
– raises the total annual compensation level for “highly compensated employees (HCE)” from $100,000 to $107,432 per year. This means a salary of $107,432 or less per year will not be a bar to overtime.
This is the first time in 15 years that the DOL has raised the thresholds. Therefore, many workers who have been working during this period may assume that they still are not eligible for overtime because they make too much in their salary.
The DOL acknowledges that the changes will make millions more American workers eligible for overtime. Are you one of them? If you are affected by this threshold change or if you feel that you are owed overtime, call the Shavitz Law Group. We can seek back-pay for time worked within the past 3 years under federal law and longer under certain state laws. Contact Shavitz Law Group at (561) 447-8888 or visit us at www.shavitzlaw.com for a free, no-obligation review of your circumstances and consultation regarding your rights.
You Earned It, Now Let’s Go Get It.
Gregg Shavitz, Shavitz Law Group, 951 Yamato Rd Ste 285, Boca Raton, FL and 830 3rd Ave, Floor 5, New York, NY. Lawyers licensed in states including FL, NY, NJ, and TX. The choice of a lawyer is an important decision and should not be based on advertisements alone.