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Overtime Rule

FAQs: Fair Labor Standards Act Final Overtime Rule

The Fair Labor Standards Act (FLSA), which governs federal minimum wage and overtime pay requirements, announced on September 24, 2019 that the Overtime Rule for exempt employees will be effective on January 1, 2020. The change affects exempt employees who are not currently eligible for overtime. The FLSA establishes rules that an employee is either non-exempt (eligible for overtime) or exempt from the act based on the responsibilities of their position and their total salary.

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People Power: An Entrepreneur’s Guide to Managing Human Capital