On September 27, 2019, the Department of Labor (“DOL”) published the much anticipated Final Rule that significantly raises the minimum salary for exempt workers from $23,660 to $35,568. It is estimated that more than one million workers will either become eligible for overtime pay or have their salaries raised to meet the minimum. The Final Rule is available here.
Raises the salary minimum for exempt workers from $23,660 to $35,568 yearly (or from $455 to $684 weekly)
Raises the minimum for highly compensated individuals from $100,000 to $107,432
Allows employers to use non-discretionary bonuses and incentive payments (including commissions) paid annually or more frequently to satisfy up to 10% of the standard salary level
The Final Rule does not make any changes to the job duties tests. The DOL released a Fact Sheet, Frequently Asked Questions, Small Entity Compliance Guide, and a Press Release that are available here.
By using this site, you agree to our updated Privacy Policy.
Necessary Cookies
Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.
Analytical Cookies
Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.