Human resource professionals already have had several changes to absorb during a short holiday week, and yet another is in the works.
The U.S. Department of Labor has proposed raising the annual salary level at which overtime pay kicks in from $23,300 to $50,440. The proposal is subject to a 60-day review period before a final rule change can be issued.
If enacted, the overtime regulations would affect businesses in a number of ways, according to the Society for Human Resource Management:
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